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Third-party veteran joins property group
The former chief executive of a major brokerage has announced his new role on the board of a burgeoning property group.
BROKER • Sun, 23 Aug 2015
Broker commissions on regulator’s radar
The corporate watchdog has identified the possibility that brokers could be driven by commission to recommend bigger mortgages to borrowers.
COMPLIANCE • Thu, 20 Aug 2015
AMP planners write one in four mortgages
AMP Bank says its financial advisers were responsible for 24 per cent of all home loans written in the six months to 30 June this year.
BORROWER • Thu, 20 Aug 2015
Mortgage Choice loan book approaches $50 billion
Listed brokerage Mortgage Choice has seen record settlement volumes in the 12 months to 30 June with settlements totalling $11.5 billion, up 10.6 per cent from the ...
AGGREGATOR • Thu, 20 Aug 2015
Brokers on notice following ASIC lending probe
ASIC has warned brokers to review their practices after an investigation found a majority of interest-only home loans are sold through the third-party channel.
BROKER • Wed, 19 Aug 2015
Connective launches retail service
Leading aggregation group Connective has announced the launch of a new retail offering.
AGGREGATOR • Wed, 19 Aug 2015
Brokers ‘gaming the system’ on interest-only loans: lawyer
As ASIC prepares to release the findings of its report on interest-only mortgages, one Sydney property lawyer believes the prevalence of these loans in the Australian ...
BROKER • Tue, 18 Aug 2015
Fresh wave of Chinese money to hit property market
A Chinese property group estimates that over $75 billion in new capital will be invested in the Australian property market as China loosens its capital export ...
BROKER • Mon, 17 Aug 2015
Brokerage sees 30pc spike in Queensland settlements
One of Australia’s top brokerages has seen a surge in loan settlements in Queensland after another record month.
BROKER • Mon, 17 Aug 2015