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AFG broker settlements surge

Settlements under the aggregator’s mortgage and commercial brokers had accelerated during the six months to December, with recent acquisitions expected to keep up the ...

AGGREGATOR • Sun, 27 Feb 2022

Resimac records mortgages growth despite ‘aggressive’ competition

The non-bank lender managed record settlements in home loans during the six months to December, but competitive pressures in the sector are expected to linger.

LENDER • Sun, 27 Feb 2022

‘What the hell happened?’: ASIC charge per broker triples

ASIC has been urged to review its industry levy calculation and estimates process, after aggregators have been hit with a spike in fees.

COMPLIANCE • Thu, 24 Feb 2022

MoneyMe gains $25m funding for SocietyOne deal

The non-bank lender has secured $25 million in funding from a private equity group, for the acquisition of digital personal loan platform SocietyOne.

LENDER • Thu, 24 Feb 2022

Hot Property: The biggest property headlines from the week 21-25 February

The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 25 February.

GROWTH • Thu, 24 Feb 2022

MAB recruits ex-Choice, FAST, PLAN marketing head

Mortgage Advice Bureau has named a new executive, as it positions itself for growth in the Australian market.

AGGREGATOR • Wed, 23 Feb 2022

Brokers to gain SME market share: Judo

The bank has predicted brokers will have a hand in half of all small-business finance within the next few years, as competition among lenders has fired up.

LENDER • Tue, 22 Feb 2022

Economy and broker remuneration top industry’s election concerns

The economy is a primary voting consideration for the mortgage lending industry, a new election poll has revealed, with broker remuneration also a key issue.

COMPLIANCE • Mon, 21 Feb 2022

Brokers ‘want that certainty’: Tight turnarounds drive MyState’s growth

Home loan applications and settlements more than doubled at MyState Bank during the last half-year, with brokers driving the momentum.

LENDER • Sun, 20 Feb 2022