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ING Direct ups rates for existing investors
One of Australia’s biggest challenger banks has just announced that it is increasing variable rates on existing investment property loans.
BORROWER • Fri, 25 Sep 2015
Brokers integral to the growth of Australian businesses
FAST chief executive Brendan Wright explains how the aggregator’s diversified approach to lending is helping Australian businesses grow into successful companies.
BROKER • Thu, 24 Sep 2015
Brokers hit out at APRA’s ‘scatter gun’ crackdown
Mortgage brokers from across the country have slammed the prudential regulator’s investor lending curbs, explaining the knock-on effects the measures have had on their ...
BROKER • Thu, 24 Sep 2015
Mortgage brokers 'create risks' for smaller lenders: Moody’s
A new report by Moody’s Investors Service claims that third-party channels create risks for Australia’s mutual lenders by burdening them with systems and resources to ...
LENDER • Thu, 24 Sep 2015
Add value or risk becoming obsolete, says business leader
The head of the SME Association of Australia has urged brokers to consider the value proposition of diversifying into business lending as the home loan market faces stiff ...
LENDER • Thu, 24 Sep 2015
Heritage cuts discount variable rate
Heritage Bank has just announced a new discount variable mortgage rate for owner-occupiers.
LENDER • Thu, 24 Sep 2015
Brokers demand upfront valuations from non-majors
Brokers are pushing for changes to valuation ordering as a key priority from lenders in order to turn around loans faster for their clients.
BROKER • Wed, 23 Sep 2015
One in three mortgages for self-employed borrowers
In an effort to highlight the cross-sell opportunities with residential lending and business loans, one of Australia’s largest challenger banks says almost one in three ...
BORROWER • Wed, 23 Sep 2015
MyState admits 'increased risk' of broker strategy
The chairman of a listed Australian bank to which brokers contribute over 50 per cent of total loans says there is “no doubt” that the use of the third-party channel to ...
BROKER • Tue, 22 Sep 2015