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Resimac signs digital VOI partnerships
The non-bank lender has announced two new solicitor partnerships so brokers can originate home loans without needing to meet clients in person amid COVID-19 restrictions
LENDER • Sun, 05 Apr 2020
NAB receives 50,000 loan relief requests
The major bank has reported that it has received requests from more than 50,000 customers wanting access to its COVID-19 loan relief packages.
LENDER • Sun, 05 Apr 2020
Clients need guidance on bank loan relief, says broker
With banks releasing various loan relief packages amid the coronavirus pandemic, a Western Australia-based Loan Market broker said he has received hundreds of queries ...
BROKER • Wed, 01 Apr 2020
Leading broker reveals how he is working remotely
A South Australia-based broker explains how equipping his brokerage with technological tools well in advance of the coronavirus pandemic has helped his staff transition ...
BROKER • Thu, 26 Mar 2020
SMEs given resources to tackle COVID-19 stress
My Business Health, a web portal established by the ASBFEO for small-business owners, has created a dedicated section for small businesses affected by the coronavirus ...
BORROWER • Thu, 26 Mar 2020
Banks move to adopt remote loan writing and VOI process
With society increasingly adopting social distancing as the COVID-19 pandemic continues, several lenders have implemented changes to their home loan policies to enable ...
LENDER • Thu, 19 Mar 2020
CUA lending volumes take hit in ‘conscious’ move
The value of new loans issued by the credit union dropped by almost 36 per cent in the first half of FY20, the lender has revealed, but the broker channel remains the ...
BROKER • Wed, 18 Mar 2020
TMBL increases LVRs for loans with LMIs
The mutual banking group has lifted its maximum LVRs from 90 per cent to 95 per cent for existing dwellings for all occupations, among other changes.
LENDER • Tue, 17 Mar 2020
Neobank makes second home loan rate cut
86 400 has announced a cut to its variable home loan rates for new and early lending, reducing its variable rate for the second time this month.
LENDER • Mon, 16 Mar 2020