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Virgin Money raises IO rates, Reward Me Home Loan

Virgin Money raises IO rates for new loans
by staff reporter • 16 Jun 2017
The challenger brand has announced that it has increased the variable interest rates for owner-occupiers and investors... READ MORE
linkedin logo social media lead generation interest brokers

LinkedIn driving 80% of deals for non-bank
by James Mitchell • 16 Jun 2017
Social media has become the primary lead generator for a non-bank lender, which is now seeing significant interest from... READ MORE
Citycorp CEO Stephen Burns, Purple Circle Financial Services, Mr Tax Refund, Pop Up Tax Shop

Choice sub-aggregator secures JV with accountants

by Staff reporter • 16 Jun 2017
Purple Circle Financial Services has finalised a joint-venture agreement with tax accountants Pop Up Tax Shop and Mr... READ MORE
Homeloans reduces rates for owner occupiers

Homeloans reduces rates for owner-occupiers
by Staff reporter • 16 Jun 2017
A non-bank lender has announced that, effective immediately, a fixed rate home loan for owner-occupier home loans will... READ MORE
CBA

CBA changes serviceability calculations
by Reporter • 16 Jun 2017
A big four bank has changed its serviceability calculations for new owner-occupier and investment home loans, as well... READ MORE
Clive Kirkpatrick

Aggregator warns brokers of major industry changes
by James Mitchell • 15 Jun 2017
The head of a major aggregator has told brokers to brace for multiple pricing and policy changes from all lenders,... READ MORE
Mortgage manager rebrands following merger

Mortgage manager rebrands following merger
by Lucy Dean • 15 Jun 2017
Four mortgage businesses have recently joined forces and come together under a single brand. READ MORE
FBAA John Purvis, brand manager

FBAA expands team
by Lucy Dean • 15 Jun 2017
The Finance Brokers Association of Australia has appointed a senior manager to its newly created commercial brand... READ MORE

Banks and brokers in remuneration talks
by James Mitchell • 14 Jun 2017
Representatives from the mortgage broking industry have met with the Australian Bankers’ Association to discuss... READ MORE
Michael Russell, Broker

Broking boss dismisses channel conflict
by James Mitchell • 14 Jun 2017
The head of a national brokerage says channel conflict is “not a systemic issue” despite rising broker fears that... READ MORE
Martin Fedmowski

‘Data is king’ mindset stokes growth for brokerage
by Lucy Dean • 14 Jun 2017
A Melbourne-based brokerage has surpassed $100 million customer submissions by leveraging customer data and overhauling... READ MORE
Connective office

Connective announces new appointments
by Reporter • 14 Jun 2017
Major aggregator Connective has announced that it has expanded its support team following an uptick in membership. READ MORE
digital marketing, social media icons

The secrets of digital marketing unveiled
by staff reporter • 14 Jun 2017
Harnessing digital marketing can help a business attract new clients, establish trust and provide a point of... READ MORE
Women in Finance Awards 2017

Nominations open for Women in Finance Awards
by staff reporter • 13 Jun 2017
Submissions are now open for the inaugural Women in Finance Awards, the flagship event that aims to highlight the... READ MORE

Brokers losing clients as channel conflict thrives

by James Mitchell • 13 Jun 2017
EXCLUSIVE Mortgage brokers have grown increasingly concerned about channel conflict over the last 12 months and singled... READ MORE
UNO, Vincent Turner

Most loans to be sourced digitally ‘within 10 years’, says fintech
by Lucy Dean • 13 Jun 2017
A web-based brokerage has predicted that “within five to 10 years” most home loans will be sourced through digital... READ MORE
Suncorp Bank

Non-major announces rate hike on investor loans
by Lucy Dean • 13 Jun 2017
A Queensland-based lender is set to increase both fixed and variable rates for investors, reflecting crackdowns on... READ MORE
Australian Prudential Regulation Authority (APRA)

Investor commitments fall sharply in April
by Lucy Dean • 13 Jun 2017
Macroprudential regulation has had an “immediate impact” on mortgage lending, analysts have suggested, pointing to... READ MORE
MyState Bank

Broker clients shun majors as ‘anti-bank’ sentiment grows
by James Mitchell • 9 Jun 2017
An increasing number of Australians are telling brokers they do not want a home loan with a big four bank, a new report... READ MORE
APRA

IO borrowers could struggle to refinance, warns industry
by Lucy Dean • 9 Jun 2017
Interest-only borrowers may have difficulty refinancing, following a crackdown from the Australian Prudential... READ MORE
blame

Aussies blame foreigners for surging property prices: report
by Staff reporter • 9 Jun 2017
Almost 60 per cent of Australians believe foreign investor activity is responsible for booming property prices, with... READ MORE
Auswide Bank

Non-major bank changes IO credit policy
by Reporter • 9 Jun 2017
A non-major lender has announced that it is implementing a policy change for new and existing interest-only investment... READ MORE
slam

Brokers slam APRA’s ‘sledgehammer’ approach to IO loans
by Annie Kane and Lucy Dean • 8 Jun 2017
The Australian Prudential Regulation Authority has been castigated by brokers for its nationwide “sledgehammer”... READ MORE
Join

Former broker boss to join LMI provider
by Reporter • 8 Jun 2017
Suncorp's former broker head, Steven Degetto, is to join a leading provider of Lenders Mortgage Insurance as its chief... READ MORE
mortgage

ASIC consults on mortgage offset class order
by staff reporter • 8 Jun 2017
The financial services regulator has released a consultation paper on its proposals to remake two instruments relating... READ MORE