ASIC has permanently banned a Queensland-based financial adviser and cancelled the AFSL of Financial Options Pty Ltd.
The customer-owned bank has recorded a 5 per cent decline in its profit after tax despite growth in both loan approvals and deposits.
The financial services group has agreed terms with an Australian bank for a $120-million residential mortgage-backed warehouse facility.
The corporate regulator has outlined the documentation it expects mortgage brokers to store as means to demonstrate their compliance with the best interests duty.
The mortgage aggregator has reported a 10 per cent earnings increase, despite a $400-million decline in settlements originated by its broker network.
The non-bank lender has revealed a multimillion-dollar brand campaign in the form of a parody music video called “Real Life”.
The leading brokers, BDMs and loan administrators from Western Australia have been honoured at the Better Business Awards 2020.
The broking franchise has reported a sharp slide in its underlying earnings, offset by strong home loan settlement growth.
The corporate regulator has published its long-awaited guidance on the obligations of mortgage brokers under the newly legislated best interests duty.
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