In case you missed it (week ending 2 September)

Broker-originated settlements have broken records once again, new MFAA research data has shown. 

Loan settlements strongest among mutuals

Australian lenders settled almost 90 per cent of property sales on the first scheduled date, a new report has revealed.

Broking industry backs streamlining of DDO rules

Proposed changes to the regulatory framework around advice have been released, with broker associations welcoming changes that could streamline DDO obligations.

New non-bank lender launches

A new fintech lender, Clinch, has launched into market, offering brokers a digital bridging finance product for their clients.

Shift launches Equipment Line revolving credit facility

Shift, a provider of credit and payment platforms to Australia brokers and businesses, has launched a revolving credit facility for business-use asset purchases.