Malavika Santhebennur

Mortgage broker banned for seven years

The corporate regulator has banned an NSW mortgage broker from engaging in credit activities for seven years.

BROKER • Tue, 23 Mar 2021

Mortgage broker complaints remain below 1%

Less than 1 per cent of the complaints received by the financial complaints authority around banking and finance products related to mortgage brokers, AFCA data showed

BROKER • Mon, 22 Mar 2021

CBA announces fixed rate cuts

The major bank has slashed its two-year fixed rates to new lows but increased its four-year fixed rates by 20 bps.

LENDER • Mon, 22 Mar 2021

Why this brokerage set up a mentoring program

Queensland-based senior finance specialist Mat Crossley spoke to The Adviser about how his business established a mentoring program for brokers to fill a gap in the ...

BROKER • Mon, 22 Mar 2021

Victoria passes mortgage e-signature laws

Victoria has become the first state to make permanent reforms that will allow the use of digital signatures for mortgage documents.

BORROWER • Sun, 21 Mar 2021

Property prices rise in all capital cities: ABS

Property prices continued to spike and break records over the December 2020 quarter, while prices increased in all capital cities, according to new figures.

GROWTH • Thu, 18 Mar 2021

BID to ‘intersect’ with design and distribution obligations

The incoming design and distribution obligations will “intersect” with BID, as lenders examine the “competency” of distribution channels and how conflicts of interest ...

LENDER • Wed, 17 Mar 2021

Only 3.5% of deferred loans still in deferral: ABA

New figures have revealed that almost 97 per cent of all deferred loans resumed repayments by the end of February.

BORROWER • Wed, 17 Mar 2021

Due diligence key in choosing private lender

Brokers considering a private lender for clients need to research the parties behind the lender, who their funding sources are, and how they would respond to a payment ...

LENDER • Tue, 16 Mar 2021