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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
Lender announces investment loan changes
Following on from its major bank peers, another Australian lender has today announced new changes to limit investor home loan growth.
LENDER • Mon, 17 Aug 2015
Brokers responsible for two-thirds of annual mortgage growth
New research has found broker were responsible for more than two thirds of mortgage growth in the 12 months to June this year.
BROKER • Sun, 16 Aug 2015
Credit union partners with major mortgage group
A Queensland-based credit union has announced a new partnership with a listed Australian aggregator.
BORROWER • Sun, 16 Aug 2015