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In case you missed it this week (week ending 6 May)

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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Brokers urged to stay alert as rates begin ascent

The Reserve Bank has aligned with industry expectations and raised the cash rate, but brokers have been told to watch for how lenders respond.

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‘We let down our broker partners’: ANZ CEO

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 clash with best interests duty: Finsure

Clawbacks are no longer relevant according to the aggregator, with its chief warning the practice is at odds with best interests duty regulations.

Mortgage Choice launches new white label 

The aggregator has launched its fourth white label offering after extending its partnership with Bluestone Home Loans.

Winners of the Better Business Awards 2022 NSW/ACT celebrated!

The standout performers in the broking industry in NSW and the ACT have been rewarded for their achievements at the Better Business Awards 2022.

 

In case you missed it this week (week ending 6 May)
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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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