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Mortgage Choice reports 29% fall in commissions revenue

The broking franchise group has released its full-year results, reporting a $2.1-billion hit to its mortgage volumes. ...
August 23, 2019

Major aggregator AFG has announced the addition of a new small-business lender to its panel.

August 22, 2019

A new platform created for people seeking a career in mortgage broking has been launched to help channel new talent to brokerages.

August 22, 2019
Non-bank lender Lumi has announced that it has doubled its loan limits and increased its loan terms by six months to offer brokers and their small business customers more busin...
August 22, 2019
Mortgage brokers that harness their data and succeed at embracing open banking will be more successful and have longer lasting relationships with...
August 21, 2019

The big four bank has highlighted the contribution of the broker channel in fostering loan quality and strengthening competition in the marketplace.

August 21, 2019
The online broking platform has expressed support for a revision to ASIC’s responsible lending guidance that would enable brokers to provide product suggestions to clients pri...
August 21, 2019
A former NAB branch manager has pleaded guilty to one count of “intention to defraud by false or misleading statement” in relation to 24 mortgage applications....
August 21, 2019

AFCA has told ASIC that the role of a mortgage broker is “not very well understood” among consumers who issue complaints through the dispute resolutions body.   

August 20, 2019
Lack of clarity on loan requirements against the backdrop of increased lender and regulatory scrutiny is “eating into the profitability of a deal”, an award-winning mentor h...
August 20, 2019
New research has shown that there is little expectation that the “regulatory pendulum will have swung back by 2025” in the aftermath of the financial services royal commissi...
August 20, 2019

Australasian marketplace lender Harmoney has announced the appointment of a new chief executive to drive growth in Australia and New Zealand. 

August 20, 2019

Broking groups have presented a unified front in their appearance before ASIC, calling for a standardised approach to expense verification.

August 19, 2019
The government will introduce broker remuneration reforms and a new best interests duty by the end of 2019, according to its newly released roadmap for implementing royal commis...
August 19, 2019
The broking industry should be embracing open banking, as its themes and end goals “exactly align” with the end goals of mortgage brokers, th...
August 19, 2019
more from the adviser
Mortgage Choice reports 29% fall in commissions revenue

The broking franchise group has released its full-year results, r...

AFG adds new SME lender to panel

Major aggregator AFG has announced the addition of a new small-bu...

New finance careers hub tipped to attract top broking talent

A new platform created for people seeking a career in mortgage br...