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Lender withdraws mortgage pre-approval process

A non-major bank has announced that it will no longer accept pre-approval applications from mortgage customers. ...
December 13, 2019

The major bank has changed the way in which it determines HEM bands for customers, in a move which it has claimed would improve borrowing capacity for investors.

November 06, 2019

The non-major bank has welcomed two new additions to its broker support team this week.

November 06, 2019

The non-major has lowered fixed rates by up to 40 basis points for residential lending, effective 8 November.

November 06, 2019

The non-bank lender has replaced its entire product suite with four products and announced its official move into prime lending.

November 05, 2019

The non-major has ceased accepting pre-approval applications until further notice.

November 05, 2019
The major brokerage has introduced a new lender to its panel, partnering with a non-major lender to bring its total panel to 61 lenders....
November 05, 2019

The Reserve Bank has announced its cash rate decision for the month of November.

November 05, 2019

Two member-owned institutions have officially merged after receiving regulatory approval, creating one of the largest member-owned lenders in the country.

November 04, 2019

The major bank has conceded that the introduction of an unpopular expense verification tool contributed to a sharp decline in its home lending volumes.

November 04, 2019
The federal government has launched a consultation on the draft legislation for the new Australian Business Growth Fund, which will see governmen...
November 04, 2019

The complaints body has announced the appointment of its new chief operating officer, effective 2 December.

November 04, 2019

Three of the big four banks have reported contractions in their mortgage books over the September quarter, according to the latest APRA data.

November 03, 2019
Two-thirds of small business owners feel stressed during the holiday period, largely due to cash flow problems, which brokers can help alleviate,...
November 03, 2019
The complaints body has awarded $185 million in compensation to consumers in its first 12 months of operation, with complaint figures having rise...
November 03, 2019
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