Charbel Kadib

AFG volumes down 11% amid ‘unprecedented’ headwinds

The diversified third-party mortgage business has released its full-year results, recording a drop in settlements across its residential mortgage streams.

AGGREGATOR • Sun, 25 Aug 2019

Mortgage Choice reports 29% fall in commissions revenue

The broking franchise group has released its full-year results, reporting a $2.1-billion hit to its mortgage volumes.

AGGREGATOR • Thu, 22 Aug 2019

NAB bats for brokers in ASIC hearing

The big four bank has highlighted the contribution of the broker channel in fostering loan quality and strengthening competition in the marketplace.

BROKER • Wed, 21 Aug 2019

Lendi backs move to expand broker powers

The online broking platform has expressed support for a revision to ASIC’s responsible lending guidance that would enable brokers to provide product suggestions to ...

BROKER • Wed, 21 Aug 2019

Complainants ‘very unclear’ about broker duties: AFCA

AFCA has told ASIC that the role of a mortgage broker is “not very well understood” among consumers who issue complaints through the dispute resolutions body.   

BROKER • Tue, 20 Aug 2019

‘We need surety’: Aggregators double down on clarity call

Broking groups have presented a unified front in their appearance before ASIC, calling for a standardised approach to expense verification.

AGGREGATOR • Mon, 19 Aug 2019

Broking groups to appear before ASIC

Three broking groups have been called to appear before the corporate regulator in its second round of public hearings, designed to help shape its new responsible lending ...

COMPLIANCE • Sun, 18 Aug 2019

Westpac revises home lending policy

The major bank has revised its home lending policy, including the way it calculates income and expenses using the HEM benchmark.

LENDER • Sun, 18 Aug 2019

‘No meaningful difference’ in quality of broker loans: Westpac

The big four bank has told ASIC to consider the utility of the broker channel before proposing bespoke responsible lending obligations, adding that it has not identified ...

BROKER • Thu, 15 Aug 2019