Breaking News
Branches still leading channel for major banks
by James Mitchell • 31 May 2017
Brokers are writing less than 50 per cent of mortgages for the big four banks but have become the dominant channel for...READ MORE
Brokers help bank boost home loan growth by 95%
by Reporter • 31 May 2017
Mortgage brokers have been responsible for 95 per cent of a Tasmanian bank’s home loan growth in the past year,... READ MORE
Lenders must ‘adapt or lose share’ to fintechs: Lender CEO
by Reporter • 31 May 2017
Fintechs are “good for brokers and business” and lenders must “adapt or follow them or lose share to them”,... READ MORE
New insurance offering for mortgage broker clients
by Lucy Dean • 31 May 2017
A new partnership has been announced that aims to provide mortgage brokers with a life insurance solution for their... READ MORE
Bank raises rates, sets sights on brokers
by Reporter • 30 May 2017
A challenger bank has announced a raft of changes to interest rates and revealed its broker strategy for the near... READ MORE
Aggregator surpasses $60bn trail book value
by Lucy Dean • 30 May 2017
Strong retention rates and robust growth has seen a major bank-owned aggregator grow its trail-book value beyond $60... READ MORE
FBAA calls for independent actuary
by Lucy Dean • 30 May 2017
The Finance Brokers Association of Australia has called for the appointment of an independent actuary to investigate... READ MORE
Rate tracker mortgage wins innovation award
by Lucy Dean • 30 May 2017
A regional lender’s ‘rate tracker’ home loan has been recognised as the “Innovative Mortgage Offering of the... READ MORE
Bank commission changes drive senior broker to diversify
by James Mitchell • 29 May 2017
A top mortgage broker has explained how he diversified his business after learning that one of the big four banks had... READ MORE
Uno. boss reveals his vision of the future of mortgage lending
by Reporter • 29 May 2017
The managing director of online mortgage broker uno. has suggested that artificial intelligence in mortgages could... READ MORE
FBAA speaks out in support of single EDR scheme
by Lucy Dean • 29 May 2017
A new external dispute regulation (EDR) scheme has been backed by the Finance Brokers Association of Australia (FBAA),... READ MORE
Aggregator limits LVR in light of APRA directive
by Lucy Dean • 29 May 2017
Connective Home Loans has followed in the footsteps of Australia’s big banks, announcing changes to maximum... READ MORE
Claims of fudged expenses ‘ludicrous’, says aggregator
by Francesca Krakue & Lucy Dean • 26 May 2017
The CEO of a boutique aggregator has slammed a report that claims expenses are “fudged” by brokers in order to get... READ MORE
Broker sued by aggregator in loan fraud case
by James Mitchell • 26 May 2017
A leading mortgage industry lawyer has warned brokers of the shortcomings of professional indemnity insurance following... READ MORE
Millennials and Sydneysiders go for fixed rates
by Staff reporter • 26 May 2017
New research from Gateway Credit Union has found that more than 40 per cent of Australians between the ages of 18 and... READ MORE
Government grants and low rates attracting FHBs
by Staff reporter • 26 May 2017
New research from one of Australia’s biggest brokerages has found that recent changes to various first home buyer... READ MORE
Industry heads speak out on channel conflict
by Reporter • 25 May 2017
The head of a major aggregator and the executive director of an industry association have hit out at reports of channel... READ MORE
SMSF loans facing ‘double whammy’, says broker
by Miranda Brownlee • 25 May 2017
A combination of higher loan-to-value ratios and increased liquidity requirements is making it harder for SMSF... READ MORE
Westpac group hike fixed rates for interest-only loans
by Lucy Dean • 25 May 2017
Rates for interest-only investment loans have been raised by up to 20 basis points across all four of Westpac group’s... READ MORE
Industry bodies join forces against EDR scheme
by Staff reporter • 25 May 2017
A number of membership associations from across the financial services spectrum have combined efforts to oppose the... READ MORE
Major bank branch undercutting broker rates
by Reporter • 24 May 2017
The Adviser has learned that CBA could be actively targeting home loan customers that were introduced by brokers with... READ MORE
Brokers to benefit from online mortgage platforms
by James Mitchell • 24 May 2017
New technologies that aim to simplify the home loan process are detrimental to borrowers and will ultimately drive them... READ MORE
Average refinancing settlement reaches 17 days
by Reporter • 24 May 2017
The average time to settle a home loan refinance application is 17 days, new research from an online mortgage... READ MORE
Award-winning broker flags surge in non-bank lending
by Francesca Krakue • 24 May 2017
A successful loan writer has discussed the significant impact on his business of what he sees as a “massive... READ MORE
Aggregators to ‘audit’ and number brokers under ASIC regime
by James Mitchell • 23 May 2017
ASIC’s remuneration review could see lenders and aggregators increase their scrutiny of mortgage brokers, who would... READ MORE
Brokers urged to think beyond the big four as appetite turns
by James Mitchell • 23 May 2017
One of Australia’s leading non-bank lenders has urged brokers to diversify their offering as some of the banks start... READ MORE
Major brokerage posts record loan approvals
by Staff reporter • 23 May 2017
An ASX-listed broker has seen a lift in approvals off the back of record demand for home loans over the three months... READ MORE
Business ‘playbook’ released for new brokers
by Reporter • 23 May 2017
A free, 100-day action plan has been released by a national aggregator to help new brokers set up and develop their... READ MORE
Two more car finance players brought to justice
by Reporter • 22 May 2017
A former finance analyst has been convicted for falsifiying car loan applications, while another has been banned from... READ MORE
Major banks change third-party strategy
by James Mitchell • 22 May 2017
Two of Australia’s big four banks have changed their appetite for broker-originated loans in a move that could curb... READ MORE

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