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Banks pull the broker lever as APRA pressures mount
In addition to rate hikes and policy changes, brokers are proving to be a convenient lever for the banks to pull as they strive to meet APRA’s limits on mortgage lending
BROKER • Fri, 16 Jun 2017
Thinktank bolsters support team
Specialist commercial property lender Thinktank has announced five key appointments across Sydney and Melbourne.
GROWTH • Thu, 15 Jun 2017
Developers receive funding for unsold apartments
A new offshore funding source has enabled one non-bank lender to offer developers a lifeline as banks shy away from the sector and apartments fail to sell.
GROWTH • Thu, 15 Jun 2017
LinkedIn driving 80% of deals for non-bank
Social media has become the primary lead generator for a non-bank lender, which is now seeing significant interest from brokers via LinkedIn.
LENDER • Thu, 15 Jun 2017
Choice sub-aggregator secures JV with accountants
Purple Circle Financial Services has finalised a joint-venture agreement with tax accountants Pop Up Tax Shop and Mr Tax Refund.
AGGREGATOR • Thu, 15 Jun 2017
Aggregator warns brokers of major industry changes
The head of a major aggregator has told brokers to brace for multiple pricing and policy changes from all lenders, including the non-banks, as a “significant pull back” ...
AGGREGATOR • Wed, 14 Jun 2017
Banks and brokers in remuneration talks
Representatives from the mortgage broking industry have met with the Australian Bankers’ Association to discuss proposed remuneration reforms.
BROKER • Wed, 14 Jun 2017
Broking boss dismisses channel conflict
The head of a national brokerage says channel conflict is “not a systemic issue” despite rising broker fears that lenders are increasingly targeting their clients.
LENDER • Tue, 13 Jun 2017
Brokers losing clients as channel conflict thrives
EXCLUSIVE Mortgage brokers have grown increasingly concerned about channel conflict over the last 12 months and singled out which lenders are costing them business.
BROKER • Mon, 12 Jun 2017