ssimpkins

Prospa originations leap by 75%

The non-bank lender recorded $315.1 million in new loans over the six months to December, up 75 per cent year-on-year.

LENDER • Wed, 16 Feb 2022

Brighten hires national sales manager

The non-bank lender has recruited from La Trobe Financial for its new national sales manager.

LENDER • Tue, 15 Feb 2022

Prioritise customer outcomes when diversifying, says CAFBA

Brokers seeking to diversify should work to secure education, mentor advice and accreditations for the sake of customer outcomes, an industry body head has said.

COMPLIANCE • Tue, 15 Feb 2022

Tasmania launches support for customers of failed builders

The Tasmanian state government has kicked off a financial assistance package for around 50 property buyers left in limbo, after two construction companies went under.

BORROWER • Tue, 08 Feb 2022

Rising broker numbers boost REA settlements, revenue

The recruitment of more brokers to Mortgage Choice and a surging housing market have contributed to a jump in revenue for parent company REA Group.

AGGREGATOR • Sun, 06 Feb 2022

OnDeck management secures majority ownership

The local leadership team at OnDeck Australia has bought a controlling stake in the company from its US owner.

LENDER • Tue, 01 Feb 2022

RBA reveals 1st rate decision for 2022

The first cash rate decision for 2022 has been confirmed, with the Reserve Bank making the call amid rising inflation and speculation around its movements.

LENDER • Tue, 01 Feb 2022

Tasmania flags support for home buyers amid builder's collapse

The state government has pledged to develop a support package for customers left stranded, after a construction company entered liquidation.

BORROWER • Thu, 27 Jan 2022

Finsure sale clears regulatory approval

APRA has given the green light to BNK offloading its mortgage aggregator, Finsure, for around $151.6 million.

AGGREGATOR • Thu, 20 Jan 2022