The head of a boutique aggregator has slammed the interim Sedgwick Review’s comments on broker remuneration, believing it takes a far too simplistic view of the industry.
A leading non-bank lender has extended its two-week settlement guarantee after achieving a 100 per cent success rate in its first three months of operation.
One successful loan writer has discussed the advantages of tapping into new revenue streams to shore up his brokerage’s income in the coming years.
An online property agency has warned that “thousands of buyers” of off-the-plan apartments in Victoria could lose their deposits following changes in design standards.
More than half of the brokerages operating in Australia would fail without trail commissions, according to a former aggregation boss.
The managing director of an asset finance lender has said that changes being brought in by the regulator will make asset finance an “easier field for mortgage brokers to play in”.
One of the country’s most successful loan writers has explained how recent pricing changes has forced his business to be more rate driven than in previous years.
Fresh figures from the Australian Bureau of Statistics suggest that new dwelling commencements have passed their record peak, according to the Housing Industry Association (HIA).
The head of one of Australia’s largest mortgage brokerages believes any scrutiny of the industry should be applauded as it highlights the important role that brokers perform.
Liberty has announced that it is waiving the $995 application fee on new residential custom submissions, in a bid to “make it easier for brokers to convert more custom applications”.
The former CEO of mortgages at Barclays has joined the advisory board of a consumer financial advice platform.
A Queensland-based bank has announced discounts on variable and fixed rates for both owner-occupied and investment loans.
As the industry digests the findings of the interim Sedgwick Review, one association has called for volume-based incentives in broking to be outlawed.
An ASX-listed banking and wealth management group has announced that it has appointed a new head of retail banking sales and service to allow the current general manager of this area to focus on the broker channel.
One successful broker has underscored how helpful it can be to invest time and energy into devising a thoughtful social media strategy.
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