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NAB revamps business bank, bolsters broker team
The major bank has announced its plans to expand its business and private bank, which includes the strengthening of its commercial broker team.
BROKER • Wed, 25 Sep 2019
Brokers the ‘priority’ for new lender
A new entrant in the lending space is banking on the broker channel as its primary point of distribution for its credit products.
LENDER • Tue, 24 Sep 2019
TMB CEO lauds ‘fantastic’ broker service
The chief executive of the mutual bank has noted the contribution of the broker channel in helping the lender deliver strong mortgage portfolio growth over the past 12 ...
BROKER • Mon, 23 Sep 2019
Net of offset policies should ‘mirror’ clawback provisions
Loan Market head Sam White has joined the call for a more equitable application of net of offset reforms that better align with clawback arrangements.
COMPLIANCE • Sun, 22 Sep 2019
NAB reveals commencement date of new CEO
The major bank has announced the start date for its incoming CEO Ross McEwan.
LENDER • Sun, 22 Sep 2019
Brokers encouraged to seize data opportunities
Head of Choice Aggregation Stephen Moore has encouraged brokers to capitalise on industry momentum by embracing new opportunities through data standardisation.
BROKER • Thu, 19 Sep 2019
Aggregator head laments bank response to rem reform
The head of a major aggregator has flagged issues associated with the conflicting methods used by lenders to calculate upfront commissions in response to “net of offset” ...
AGGREGATOR • Wed, 18 Sep 2019
Conversion rates increase despite credit crackdown
An increasing number of loans lodged by brokers are progressing to settlement, despite increased scrutiny on mortgage applications, according to MFAA research.
GROWTH • Tue, 17 Sep 2019
Fewer mortgage brokers writing commercial loans
Contrary to industry expectations, the MFAA has reported a decline in the number of commercial loans written by mortgage brokers.
BROKER • Sun, 15 Sep 2019