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FOS admits its decision on widow’s loan repayments was ‘wrong’

by Tas Bindi • 1 Jun 2018
A representative from the Financial Ombudsman Service (FOS) admitted that he was “wrong” when he ruled that a widow... READ MORE
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Mortgage industry could face massive class action

by Reporter • 29 May 2018
A massive class action lawsuit is being planned on behalf of “Australian bank customers that have entered into... READ MORE
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HSBC changes view on Sydney, Melbourne housing outlook

by James Mitchell • 24 May 2018
HSBC Australia has published a revised forecast for Australian house prices after seeing a more abrupt slowdown in... READ MORE
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Borrowers ‘in the dark’ over LMI

by Reporter • 23 May 2018
Two in five prospective borrowers have admitted that they do not understand lenders mortgage insurance, new research... READ MORE
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Less than 5% of FHBs use a guarantor to buy a home

by Reporter • 21 May 2018
The vast majority of first home buyers are obtaining their first home loan without a guarantor, but more than a fifth... READ MORE
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HashChing eyes white label mortgages

by Reporter • 16 May 2018
The mortgage marketplace has launched a crowdfunding campaign in a bid to help facilitate its growth plans, which... READ MORE
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Mortgage data to fall under Consumer Data Right

by Reporter • 14 May 2018
A new Consumer Data Right will give consumers the right to access and share data that businesses hold about them,... READ MORE
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Need a letter of credit? Consider the alternatives first

by The invoice Market • 11 May 2018
Promoted by Many small and even medium-sized businesses go through most of their life cycles without ever needing... READ MORE
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Nearly a third of borrowers will be FHBs next year

by Reporter • 11 May 2018
First home buyers will be the largest contingent of borrowers taking out a mortgage in the next year, new research has... READ MORE
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DomaCom crowdfunds $1.6m mortgage-backed loan

by Tas Bindi • 10 May 2018
A financial advisory firm has raised $1.6 million via a fractional investment platform to fund a mortgage-backed... READ MORE