Malavika Santhebennur

ASIC takes short-term lenders to court

The corporate watchdog has commenced proceedings in the Federal Court against two payday lenders for alleged unlicensed credit activity.

LENDER • Wed, 30 Sep 2020

Guiding SME clients to clinch finance

Semper founder and director Andrew Way explains how brokers can assist SME clients obtain commercial loans, especially those who have been unable to access finance from ...

BORROWER • Wed, 30 Sep 2020

Lendi joins hands with comparison website

The online broking platform has partnered with comparison website iSelect, which will provide iSelect customers access to the platform.

BROKER • Tue, 29 Sep 2020

Loan Market appoints Qld growth manager

The major brokerage said it has appointed a new growth manager in Queensland to “capitalise” on the anticipated interest in the state’s housing market post-COVID-19

GROWTH • Mon, 28 Sep 2020

Non-major lender cuts LMI to $0 in new offer

The lender has slashed its LMI costs to $0 for borrowers with a 15 per cent deposit who apply for a Reward Me Home Loan until 29 November, inclusive.

LENDER • Sun, 27 Sep 2020

Aggregator calls for ‘fairer’ clawback structure

In response to the release of the final clawback regulations, Connective said the industry needs to find “fairer” ways to apply clawbacks in the future.

AGGREGATOR • Sun, 27 Sep 2020

Brokers maintain low level of AFCA complaints

Over 7,000 complaints relating to home loans were lodged with AFCA over the financial year, but only a fraction was against mortgage brokers.

BROKER • Thu, 24 Sep 2020

Connective adds digital mortgage lender to panel

The aggregation group has welcomed neobank 86 400 to its lender panel, providing Connective brokers with access to the fintech’s digital loan offering.

LENDER • Wed, 23 Sep 2020

Personal lender joins AFG panel

A marketplace lender has joined AFG’s panel of specialist finance providers as it looks to expand its broker distribution network.

LENDER • Wed, 23 Sep 2020