Charbel Kadib

Neobank launches home loan offerings

Newly licensed neobank 86 400 has officially entered the mortgage market, launching a suite of home loan products available via the broker channel.

LENDER • Mon, 11 Nov 2019

Going up: Is the credit downturn over?

Green shoots have emerged in the Australian housing market after a prolonged period of subdued activity. Charbel Kadib explores further.

BORROWER • Sun, 10 Nov 2019

Broker volume softens hit to NAB’s mortgage book

A $4.1-billion increase in the value of NAB’s on-balance sheet loans originated by the third-party channel has helped offset a “disappointing” drop in home lending ...

BROKER • Thu, 07 Nov 2019

Lender withdraws mortgage pre-approval process

A non-major bank has announced that it will no longer accept pre-approval applications from mortgage customers.

LENDER • Wed, 06 Nov 2019

Major bank revises HEM calculator for investors

The major bank has changed the way in which it determines HEM bands for customers, in a move which it has claimed would improve borrowing capacity for investors.

LENDER • Wed, 06 Nov 2019

Auswide suspends mortgage pre-approvals

The non-major has ceased accepting pre-approval applications until further notice.

BORROWER • Tue, 05 Nov 2019

Cup-day cash rate revealed

The Reserve Bank has announced its cash rate decision for the month of November.

GROWTH • Tue, 05 Nov 2019

‘Clunky’ HEM tool slashed broker volumes: Westpac

The major bank has conceded that the introduction of an unpopular expense verification tool contributed to a sharp decline in its home lending volumes.

BROKER • Mon, 04 Nov 2019

CBA stands firm as peers slip in mortgage market

Three of the big four banks have reported contractions in their mortgage books over the September quarter, according to the latest APRA data.

LENDER • Sun, 03 Nov 2019