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‘Confusing’ mortgage process affecting home purchases

Nearly 70 per cent of Australians have experienced a challenge in the home loan process, with more than a quarter saying they are delayin...
October 16, 2019
The non-major has announced a partnership with an Australian mortgage broking platform as part of a push to broaden access to its credit products via the third-party channel....
September 02, 2019
Specialist short-term secured asset lender Assetline Capital has launched a new construction funding division headed up by commercial broker Geor...
September 02, 2019

Supply chain lender Octet has secured a long-term partnership with BOQ that will see it assume responsibility for all the bank’s debtor finance clients across Australia.

September 02, 2019

If brokers “wish to be viewed as professionals”, they should offer clients “as many options as is reasonably possible”, ASIC commissioner Sean Hughes has said.

September 01, 2019
The vast majority of Australians believe the home loan application process to be a negative one, but two-thirds believe that using a mortgage broker makes getting a home loan ea...
September 01, 2019

A new website has been launched to provide a “step-by-step guide” to applying for small-business loans.

September 01, 2019
The head of a major aggregator has encouraged brokers to “listen carefully” to the voices of consumers highlighted in ASIC’s new report, but also expressed concern over ...
August 30, 2019
The findings from ASIC’s shadow shopping exercise “reinforces the value” of mortgage brokers by highlighting the advantages of securing a loan via the third-party channel,...
August 29, 2019

The mutual bank has reduced fixed rates for both owner-occupiers and investors across its brands.

August 29, 2019

The aggregators have welcomed the federal government’s draft bests interests duty as part of a broader push to help the industry “evolve and professionalise”.

August 29, 2019
Brokers were “inconsistent” in the ways they presented mortgage options to borrowers and sometimes provided little or no explanation of the “options considered or r...
August 29, 2019

A non-bank has stated that its efforts to strengthen its presence in the third-party space have helped bolster its loan book by 19 per cent. 

August 28, 2019
Former Aussie broker Ross Le Quesne has launched a new coaching business to help brokers scale their businesses, stating that now is the time to ...
August 28, 2019

The major bank has revised the manner in which it calculates the HEM benchmark, following on from changes implemented by Westpac.

August 28, 2019
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