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Major bank slashes investor rates by up to 50 bps
A big four bank has announced reductions to investor home loan rates, applying to both new and existing customers.
LENDER • Wed, 22 Jan 2020
Non-bank eyes prime space in new mortgage market push
A non-bank lender has unveiled plans to expand its home loan offerings after securing $250 million in funding from Goldman Sachs.
LENDER • Tue, 21 Jan 2020
HashChing revamps offering, completes capital raise
The mortgage marketplace has announced a shift in the group’s strategic direction, including breaking into SME finance and launching a new offering for brokers, following ...
GROWTH • Wed, 15 Jan 2020
New broker survey reveals lender preferences
Fast turnaround times and consistency in the mortgage application process have continued to serve as key drivers of the shift in the lending landscape, new research has ...
LENDER • Tue, 14 Jan 2020
Macquarie closes in on competitors in mortgage market
The non-major has continued to outperform its nearest competitors in the home loan space, gaining ground on ING, Suncorp, and Bendigo and Adelaide Bank, the latest data ...
BORROWER • Mon, 13 Jan 2020
New lender joins Loan Market’s panel
A non-major bank has been added to broking group Loan Market’s lender panel.
LENDER • Mon, 23 Dec 2019
Westpac provides update on commissions changes
The major bank has updated brokers on its changes to broker remuneration, which remove the claim process for upfront commissions on subsequent drawdowns.
LENDER • Sun, 22 Dec 2019
Volt unveils broker-centric home lending strategy
The challenger bank has shed light on its plans in the mortgage market, with the new entrant preparing to launch its credit products in 2020.
BROKER • Wed, 18 Dec 2019
Stiffer penalties flagged as alternative to BID
The industry should focus on “preventing and penalising” broker misconduct rather than imposing a new legal obligation, the Law Society of NSW has said.
BROKER • Mon, 16 Dec 2019