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Brokers feeling ‘optimistic’ for 2020
The vast majority of brokers feel positively about the property market and the subsequent outcomes for their business in 2020, new research has found.
BROKER • Thu, 20 Feb 2020
More brokers join franchise in wake of BID
Several brokerages joined the Loan Market franchise in January, an influx the group has attributed to new legislation.
BROKER • Wed, 19 Feb 2020
Brokers lose out to branches in FHB scheme
Brokers introduced just under 30 per cent of all loans in the government-backed First Home Loan Deposit Scheme, according to recent data, losing out to the direct channel
BROKER • Tue, 18 Feb 2020
Mutual bank joins SFG panel
Specialist Finance Group has announced the addition of MOVE Bank to its lender panel, giving SFG brokers access to the mutual bank’s home and investment loan products
LENDER • Mon, 17 Feb 2020
Heritage lowers fixed rates for investors
The non-major bank has announced cuts of up to 30 basis points across investor fixed-rate products, as well as the temporary waiving of application fees for new loan ...
BORROWER • Mon, 17 Feb 2020
Clawback system ‘needs to change’
The clawback system, as solidified in new legislation, is “completely unfair” on brokers says Sydney-based broker and Zippy Financial director Louisa Sanghera.
BROKER • Sun, 16 Feb 2020
GetCapital announces product relaunch to fill market void
Non-bank lender GetCapital has relaunched its business overdraft product, available via the broker distribution channel.
GROWTH • Sun, 16 Feb 2020
FHB scheme applicant trends revealed
Details of the first applicants taking part in the government’s First Home Loan Deposit Scheme have been revealed by Aussie, based on data collected by the major ...
BORROWER • Thu, 13 Feb 2020
Mortgage title verification service launches
NSW Land Registry Services has launched a new mortgage title verification service, allowing lenders to accurately reconcile their home loan portfolio against the NSW land ...
BORROWER • Wed, 12 Feb 2020