Discover some of the top news stories impacting the mortgages space in this weekly wrap-up.
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The Reserve Bank has aligned with industry expectations and raised the cash rate, but brokers have been told to watch for how lenders respond.
Shayne Elliott has acknowledged that the bank had “let down” brokers in terms of processing but noted that broker flows are starting to pick back up.
Clawbacks are no longer relevant according to the aggregator, with its chief warning the practice is at odds with best interests duty regulations.
The aggregator has launched its fourth white label offering after extending its partnership with Bluestone Home Loans.
The standout performers in the broking industry in NSW and the ACT have been rewarded for their achievements at the Better Business Awards 2022.