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Low confidence hinders diversification into SME finance
Residential mortgage brokers have the will and desire to diversify into SME lending but lack the time and confidence to branch out, according to Accendo Financial.
LENDER • Tue, 16 Nov 2021
Asset finance: Another string to your bow
There are untold opportunities in asset finance for mortgage brokers seeking to diversify their service offerings to SME clients – benefiting both the broker business and ...
SALES & MARKETING • Mon, 08 Nov 2021
Keeping the cash flowing
As lockdown restrictions ease and businesses reopen and ramp up activity, maintaining healthy cash flow is going to be crucial for many SMEs, particularly those in the ...
SALES & MARKETING • Mon, 08 Nov 2021
Teachers Mutual targets brokers as merger wraps
The mutual bank has outlined how brokers would help reach customers in areas without the same bricks-and-mortar presence as other lenders, following its merger with a ...
BROKER • Mon, 01 Nov 2021
Government introduces compensation scheme legislation
The government has introduced legislation that represents the final tranche to implement recommendations made by the banking royal commission.
COMPLIANCE • Sun, 31 Oct 2021
Major bank pleads guilty for mis-selling credit insurance
A major bank has pleaded guilty to several criminal charges of making false or misleading representations to 165 customers when selling consumer credit insurance.
LENDER • Fri, 29 Oct 2021
Steady cash rate driving borrower complacency
Analysis by Aussie has shown that many mortgage holders are not interested or do not know if they want to refinance their home loan or are unaware of their current rate
BORROWER • Thu, 28 Oct 2021
RedZed added to aggregator panel
The self-employed lender has joined AFG’s lender panel, which has followed its expansion into five aggregators’ lender panels in the past 18 months.
AGGREGATOR • Mon, 25 Oct 2021
YBR Home Loans flags digital pivot, broker expansion
The major brokerage has launched a digital mortgage broking business and signalled an expansion of its third-party distribution channel in the financial year 2022.
AGGREGATOR • Sun, 24 Oct 2021