Mortgage and Finance Brokers Breaking News - The Adviser

Brokers send $1bn in mortgages to non-bank in four months

by Staff reporter • 30 Oct 2017

One of Australia’s largest non-bank lenders, following a spike in broker accreditations, has hit a new milestone... READ MORE

Mortgage brokerage to produce own white label product

by Reporter • 30 Oct 2017

An independent mortgage brokerage has announced that, next year, it will launch its own white label product “with the... READ MORE

Investor rates to hit 6.5% by 2020: QBE

by Reporter • 27 Oct 2017

Insurance provider QBE has predicted that borrower rates will go up across the board by 2020, with investor... READ MORE

Mutual banks cut owner-occupier IO rates

by Reporter • 27 Oct 2017

Teachers Mutual Bank, UniBank and Firefighters Mutual Bank have dropped their interest rates for several home loans,... READ MORE

Brokers responsible for 56% of major bank flows

by James Mitchell • 27 Oct 2017

Mortgage brokers have become the primary distribution channel for a major lender, whose CEO concedes that customers no... READ MORE

Award-winning broker: Tamara Virgo

by Staff reporter • 26 Oct 2017

It takes something pretty special to nab multiple wins at The Adviser’s Better Business Awards. We find out how this... READ MORE

Mortgage broker banned for life

by Staff reporter • 26 Oct 2017

ASIC has permanently banned a Victoria-based mortgage broker after she failed to disclose a past criminal conviction... READ MORE

Pepper’s deal conversion tool reaches 1,000 users

by Julianne Leybag • 26 Oct 2017

Non-conforming lender Pepper has announced that its ‘market-first’ conversion tool for non-conforming deals has... READ MORE

Lenders trialling home loan blockchain solution

by Reporter • 26 Oct 2017

A range of lenders, including HSBC Australia, are currently trialling the “world’s most advanced end-to-end loan... READ MORE

home loan connexion mortgage brokerage mentoring pen and paper

Brokerage to launch mentoring program

by Reporter • 26 Oct 2017

A Queensland-based mortgage brokerage has revealed that it will be launching a new mentoring program for new brokers in... READ MORE

Brokers burned by customer-driven channel conflict

by James Mitchell • 25 Oct 2017

Home loan conversion rates are plummeting as borrowers attempt to secure a mortgage by making multiple applications... READ MORE

Stamp duty changes driving first home buyer comeback

by Staff reporter • 25 Oct 2017

New research has found that first home buyers are making a return to the market, probably as a result of recent changes... READ MORE

Consumers don’t want to pay fees to brokers, says banking head

by Reporter • 25 Oct 2017

Suncorp Bank’s CEO of banking and wealth has said that he does not believe that customers would want to pay fees to... READ MORE

Borrowers increasingly unsure of home loan terms

by Reporter • 25 Oct 2017

Australian borrowers are more unsure of home loan terminology now than they were two years ago, according to a new... READ MORE

Inefficiency is ‘crushing profitability’ in US mortgage market

by Staff reporter • 25 Oct 2017

The CEO and co-founder of a US-based fintech has said that technology could unlock “billions of dollars of value”... READ MORE

Award-winning broker: Weng Wong

by Staff reporter • 24 Oct 2017

This Adelaide-based broker took home three awards at the 2017 Better Business Summit. With a conversion rate of 96 per... READ MORE

Major bank to settle rate rigging case with ASIC

by Staff reporter • 24 Oct 2017

A big four bank has reached an in-principle agreement with the corporate watchdog to settle a court action relating to... READ MORE

Banks to develop individual approaches to remuneration

by Reporter • 24 Oct 2017

The FBAA has welcomed the Australian Bankers’ Association’s decision to reverse its position on how the banking... READ MORE

MP grills CBA on brokers, offsets and big mortgages

by James Mitchell • 24 Oct 2017

NSW MP Kevin Hogan said that mortgage brokers have told him that it is in their best interest to get clients to... READ MORE

Penalties for financial misconduct to increase

by Reporter • 24 Oct 2017

The Treasury is consulting on extending maximum prison terms, increasing civil penalties and expanding ASIC’s... READ MORE

New learning platform for brokers launched

by Staff reporter • 23 Oct 2017

A new interactive learning platform has been launched by the YBR Group, in partnership with Open Colleges, to drive... READ MORE

coins house mortgage repricing nab ceo andrew thorburn

‘No formula’ for mortgage repricing, says NAB CEO

by James Mitchell • 23 Oct 2017

The major bank boss has confirmed that quantifying interest rate increases in response to regulatory measures is an... READ MORE

Mortgage Choice sees FHB flows jump to 15%

by Staff reporter • 20 Oct 2017

Historically low interest rates combined with additional first home buyer incentives are helping more potential buyers... READ MORE

Underinvestment in equipment would see SMEs ‘lose out’

by Reporter • 20 Oct 2017

The CEO of an asset finance and leasing solutions provider has warned that small businesses are less keen to invest in... READ MORE