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VOI rule changes postponed due to COVID

ARNECC has advised that it has reassessed its proposed amendments to the VOI regime given the coronavirus...
July 10, 2020

A non-major lender has announced changes to its pre-approval process to address a spike in its turnaround times amid a 300 per cent surge in home lending volumes.

May 26, 2020

Foreign buyers from all parts of Asia are still finding it difficult to obtain a mortgage from the biggest Australian lenders, according to one commentator.

May 26, 2020

The non-major bank has temporarily revised its serviceability policy in response to heightened credit quality risks associated with the COVID-19 crisis.

May 26, 2020
The results are in for the Third-Party Lending Report 2020, revealing which lenders are the best-performing in the third-party channel a...
May 25, 2020

A low-deposit mortgage lender has announced changes to its third-party distribution team, aimed at providing a “personalised service” to brokers.

May 25, 2020

Businesses with an annual turnover of less than $200,000 have fared better than their larger peers during the COVID-19 crisis, according to new research.

May 25, 2020
Queensland-based brokerage Time Home Loans has appointed broker and former Loan Market state manager Tim Amourous to its leadership team....
May 25, 2020
A big four bank has announced that it has increased its fixed rates by 10 basis points, “bucking the trend” of other lenders decreasing rates...
May 24, 2020
A “reporting error” identified by Treasury and the ATO has revealed that the federal government has overestimated the cost of the JobKeeper program by approximately $60 bill...
May 24, 2020
While refinancing has been rising recently, Loan Market’s executive chairman has highlighted how brokers have been helping clients reprice their mortgages with existing lender...
May 24, 2020

A non-major bank has changed its upfront commission structure for mortgage brokers ahead of the pending best interests duty changes.

May 22, 2020

The major bank’s turnaround times have increased significantly, despite recent efforts to “clean up” its processes.

May 21, 2020
Remote verification of identity processes need to be maintained and standardised following the COVID-19 lockdown, the executive director of Conne...
May 21, 2020

Suncorp Bank has launched a cashback offer on home loan refinances, with up to $4,000 available for COVID-19 frontline workers.

May 21, 2020
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