News

News

Heritage Bank
Friday, 17 Nov 2017
Toowoomba-based lender Heritage Bank has become the 22nd member of Aussie’s lender panel, and the third member to be selected in 12 months. ...
Question, broking industry, value proposition
10:36 AM, 17 Nov 2017
Brokers, aggregators and those affiliated with the broker channel are being asked to respond to a survey that aims to demonstrate the value proposition of the third-party channel. ...
14:33 PM, 16 Nov 2017
NAB has announced that it has fired 20 bankers in NSW and Vic, disciplined 32 people and begun remediation for customers following the discovery that more than 2,000 home loans were submitted with ...
Arrears drop for second month in a row
13:45 PM, 16 Nov 2017
Mortgage arrears for prime residential mortgage-backed securities have fallen, according to data from S&P Global Ratings. ...
Brokers believe mortgagors should get help in native tongue
11:10 AM, 16 Nov 2017
Nearly 80 per cent of brokers believe that borrowers who are not fluent in English should get help with their home loan in their native tongue, according to a new survey. ...
Economic outlook an ‘encouraging’ sign for brokers
10:28 AM, 16 Nov 2017
New economic data has revealed that Australians believe business conditions have improved, which the Finance Brokers Association of Australia (FBAA) has said is a good sign for brokers. ...
Financial support
06:50 AM, 16 Nov 2017
Following on from the marriage law postal survey results, a subsidiary of a major bank has highlighted the need to improve financial support for the LGBTQI community. ...
Temenos clarifies ‘non R&O compliant’ statement
06:45 AM, 16 Nov 2017
Banking software provider Temenos has released a statement clarifying that its eLodge+ platform is “100 per cent compliant with Australian regulations”, after Westpac issued a statement to bro...
NAB
16:13 PM, 15 Nov 2017
National Australia Bank has launched a new campaign that aims to “empower” brokers with a streamlined loan process. ...
Advantedge relaunches white label home loans
15:07 PM, 15 Nov 2017
Advantedge Financial Services has relaunched its white label home loans, which are now being made available through its aggregation service providers. ...
Money, loan, peer-to-peer lending platform
06:50 AM, 15 Nov 2017
Peer-to-peer lending platforms in the US have been likened to the subprime mortgages that triggered the global financial crisis a decade ago. ...
Fraud warning to brokers
16:07 PM, 14 Nov 2017
One of the industry’s largest aggregators has said that brokers are “on the front line” of preventing mortgage fraud as regulators turn their attention to the third-party channel. ...
AMP
15:50 PM, 14 Nov 2017
The challenger bank has announced that it will be making changes to the way it processes and reports loans so that they are determined by purpose rather than security type. ...
Retirement, leaving the door
06:50 AM, 14 Nov 2017
The co-founder of non-bank mortgage provider Homeloans Ltd, Robert Salmon, has retired from the board, 32 years after establishing the company, while Chum Darvall has taken the helm as chairman....
Westpac
06:49 AM, 14 Nov 2017
The major bank and its subsidiaries now require brokers to submit additional Requirements & Objectives questions and declarations for certain loan types and features. ...
more from the adviser
Regional bank becomes 22nd lender on Aussie panel

Toowoomba-based lender Heritage Bank has become the 22nd member...

Broking industry asked to take survey on value proposition

Brokers, aggregators and those affiliated with the broker channel...

Major bank fires staff over ‘incorrect’ home loan applications

NAB has announced that it has fired 20 bankers in NSW and Vic, di...