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YBR reports lift in home lending performance
The broking franchise group has reported an increase in mortgage settlements volumes and a rise in its underlying loan book over the fourth quarter of the 2019 financial ...
BROKER • Tue, 30 Jul 2019
BOQ amends serviceability policy
The non-major lender has reduced its floor rate in response to APRA’s new mortgage serviceability assessment guidance.
LENDER • Tue, 30 Jul 2019
ANZ updates banking code provisions
The major bank has revised its home lending policy to align with recent guidance regarding the implementation of the new banking code.
LENDER • Mon, 29 Jul 2019
Heritage revises assessment rates
The customer-owned bank has made changes to its home loan serviceability assessment policy, joining a host of other lenders to revise their rates in response to APRA’s ...
BORROWER • Sun, 28 Jul 2019
Major banks slash fixed rates by up to 96 bps
Two of the big four banks have announced reductions of up to 96 bps across their owner-occupied and investment home loans.
LENDER • Sun, 28 Jul 2019
Aggregator launches new remuneration model
A mortgage aggregator has announced the launch of a new revenue-sharing model for its broker network.
AGGREGATOR • Sun, 28 Jul 2019
NAB revises home lending policy, undercuts big four peers
The major bank has updated its mortgage serviceability assessment policy, becoming the final big four bank to amend its policy in response to APRA’s new guidance.
LENDER • Tue, 23 Jul 2019
Mortgage Choice CEO backs clawback reforms
The brokerage CEO has called for a “more even sharing” of the loss incurred by brokers and lenders when a borrower defaults or refinances.
AGGREGATOR • Sun, 21 Jul 2019
‘Stick to what you know’: Associations hit back at CHOICE
The FBAA and MFAA have slammed consumer group CHOICE for its “disturbing lack of understanding” of the broking industry, after it claimed that education and training ...
BROKER • Thu, 18 Jul 2019