Powered by
MOMENTUM
MEDIA
Westpac announces major home lending changes
New parents will have their paid parental leave and return to work income recognised when they apply for a home loan, Westpac has announced.
LENDER • Mon, 06 Jun 2016
Consumer-brokered mortgages the new distribution channel
Consumer-brokered home loans are the “next wave” of innovation, especially given the increasing number of online mortgage platforms hitting the market, says an industry ...
BROKER • Mon, 06 Jun 2016
Investors saving for years to buy property
Almost one-third of investors took more than four years to save the deposit for their investment property, Mortgage Choice has revealed.
BORROWER • Mon, 06 Jun 2016
ING Direct’s new mortgage process to accelerate approvals
ING Direct has streamlined its customer verification process by extending its pilot program with Veda’s ZipID to brokers across the country.
BORROWER • Wed, 01 Jun 2016
AMP Bank announces major lending changes
AMP Bank has classified foreign borrowers as “unacceptable”, while also cracking down on overseas income sources and currencies used for lending purposes.
LENDER • Tue, 31 May 2016
CBA confirms new home loan process
The nation’s largest lender has announced a new home loan process that aims to speed up turnaround times for mortgage brokers.
LENDER • Mon, 30 May 2016
Brokers warned about income docs and record keeping
Mortgage brokers have been warned they are putting themselves at significant risk by only collecting the minimum documentation needed to meet a lender’s requirements.
BROKER • Sun, 29 May 2016
Virgin unveils major lead generation platform for brokers
Sir Richard Branson attended a broker event in Sydney yesterday at which Virgin unveiled a new system that connects six million of its customers to mortgage brokers ...
BROKER • Thu, 26 May 2016
Commercial lending spared from broker commission review
ASIC has revealed that it will only be reviewing remuneration arrangements associated with the sale of residential mortgage products as it prepares its findings for the ...
BROKER • Wed, 25 May 2016