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Federal Court approves NAB-86 400 deal
The major bank has announced that it will proceed with the acquisition of 86 400 after receiving court approval, with implementation expected next week.
LENDER • Tue, 11 May 2021
NSW mortgage registrations at record March high
Newly originated mortgages and refinance volumes in NSW reached a two-year high in March, while it marked the strongest March for mortgage registrations on title, new ...
LENDER • Mon, 10 May 2021
Nodifi adds Resimac subsidiary to panel
The asset finance aggregator and fintech has added a subsidiary of the non-bank lender to its lender panel.
LENDER • Mon, 10 May 2021
Bank of mum and dad warned of legal risks
A law firm has warned of the potential risks of parents assisting their children with entering the housing market, particularly if the children separate from their spouse
LENDER • Mon, 10 May 2021
Mortgage Choice acquisition fair, reasonable: report
An independent report has found that the REA Group’s proposed acquisition of the major brokerage is “fair and reasonable”, and will be implemented on 1 July if approved
LENDER • Sun, 09 May 2021
Gen Z eyes apartments as cheaper option
A survey has revealed a generational shift in housing preferences, with Generation Z focused on apartment living as an affordable option.
BORROWER • Sun, 09 May 2021
Demand for asset finance spikes: Equifax
A rebound in asset finance demand has halted the overall decline in business credit demand, but business loan applications have declined, Equifax data has shown.
GROWTH • Thu, 06 May 2021
Non-bank lender appoints lending executive
Pallas Capital has appointed a former La Trobe Financial executive as its new executive director of lending.
LENDER • Thu, 06 May 2021
ACL obligations issued for debt management firms
ASIC will require debt management firms to hold a credit licence from 1 July 2021.
COMPLIANCE • Wed, 05 May 2021