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New breed of lender could provide a lifeline for broker clients
A reduced appetite from the big banks to fund developers is creating a new breed of lender happy to work with brokers to finance deals rejected by banks.
LENDER • Sun, 30 Oct 2016
Cup Day rate decision a ‘close call’
One leading economist says the Reserve Bank will likely hold rates steady at its monthly board meeting on Tuesday.
GROWTH • Sun, 30 Oct 2016
Lender sees surge in broker business ahead of merger
A leading mortgage lender has recorded a 21 per cent increase in branded mortgage settlements through the third-party channel in the 2016 financial year.
LENDER • Thu, 27 Oct 2016
New mortgage players to change pricing dynamics: Veda
The mortgage market could soon welcome new lenders offering an alternative to the major banks by using credit scores to provide risk-based pricing on home loans.
BORROWER • Thu, 27 Oct 2016
Brokers expect more postcode crackdowns
Mortgage brokers are in no way shocked by tighter credit controls on certain suburbs announced by one major bank this week, which they expect will continue into 2017 and ...
BROKER • Wed, 26 Oct 2016
Brokers have their say on disruptive mortgage platforms
Mortgage brokers have the chance to voice their views about how new fintech players will change the mortgage industry in The Adviser’s latest snap poll.
BROKER • Tue, 25 Oct 2016
UK broking giant to enter Australian market
One of Britain’s largest mortgage brokerages has revealed it will enter the Australian home loan market and begin trading before the end of the year.
LENDER • Mon, 24 Oct 2016
Brokers to deliver national growth plans for non-major bank
The chairman of a regional bank says mortgage brokers will play a central role in its growth strategy as it re-shapes its business model.
BROKER • Sun, 23 Oct 2016
Major banks ‘playing with fire’ by encouraging churn
A new report has warned that Australia’s major lenders are playing a dangerous game through mortgage discounting strategies and that Australia’s biggest bank has “the ...
LENDER • Thu, 20 Oct 2016