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In case you missed it (week ending 22 April)

by Kate Aubrey4 minute read

 

Discover some of the top news stories impacting the mortgages space in this weekly wrap-up.

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FBAA slams lenders for ‘grubby’ discharge tactics 

The undercutting practice demonstrated by some lender discharge teams is “grubby”, “ludicrous” and “narrow minded”, the FBAA managing director has said.

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MFAA takes discharge issue to Treasury 

The broker association has flagged the issue of retention teams undercutting offers at the last minute, and the long delays in loans being discharged, to Treasury officials.

LNP commits $75m to farm ownership scheme

The pilot initiative of the Future Farmer Guarantee Scheme aims to support farmers into first-time ownership.

Rise in price caps a “little tight” for some regions 

Victorian broker Matt Turner welcomes the government’s announcement to raise the price caps for Home Guarantee, but warns some regions will miss out.

Giving brokers CDR data shows they’re ‘professional class’: NextGen

Granting mortgage brokers access to consumer data under open banking establishes them as a “professional class”, while closing a yawning gap in the regime, the software provider said.

Brokers surveyed on best non-bank products

With a rapidly changing lending landscape and new product innovations, The Adviser is asking brokers to rank the best non-bank products currently on offer.

In case you missed it (week ending 22 April)
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Kate Aubrey

Kate Aubrey

AUTHOR

Kate Aubrey is the senior content producer of The Adviser and Mortgage Business. Previous to joining Momentum Media, Kate covered regional and breaking news for ABC Radio.

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