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US lending standards tightened across the board
by Staff Reporter • 6 May 2008
Around 55 per cent of US banks reported they had tightened lending standards on consumer and commercial and... READ MORE
Brokers flock to white labelling
by Staff Reporter • 5 May 2008
GE Money Third Party Solutions (GE Money) recorded a 25 per cent increase in applications from March to April this... READ MORE
NAB reveals alternatives to broker commission cuts
by Staff Reporter • 30 Apr 2008
Matt Lawler, NAB Broker regional general manager, told Mortgage Business that NAB is exploring and gathering feedback... READ MORE
St George latest to rethink broker commissions
by Staff Reporter • 30 Apr 2008
In the new structure brokers still have the potential to earn a maximum of 0.70 per cent up front and 0.25 per cent... READ MORE
No plans to cut broker commissions: NAB
by Staff Reporter • 28 Apr 2008
In contrast to Westpac, which announced commission cuts earlier this month, NAB Broker regional general manager Matt... READ MORE
Nationwide Lending secures GE Money funding accreditation
by Staff Reporter • 24 Apr 2008
Under the partnership GE Money will fund the mortgage manager’s branded products from May 2008.
Managing... READ MORE
CBA to cut broker commissions
by Staff Reporter • 23 Apr 2008
Kathy Cummings, CBA head of third party banking, said this morning that the combined pressures of the last eight... READ MORE
BankWest guarantees broker commissions
by Staff Reporter • 21 Apr 2008
The announcement follows Westpac’s shock decision to slash broker commissions, fueling fears other major banks... READ MORE
Brokers? future in white labelling: Wilson National
by Staff Reporter • 18 Apr 2008
According to Wilson National managing director Geoff Wilson, brokers should stand by their brand and consider white... READ MORE
April 08: Cuts to broker commissions likely, says survey
by Staff Reporter • 18 Apr 2008
Of the 74 per cent of respondents that believe commissions will fall, 21 per cent anticipate cuts within the next six... READ MORE
Commissions cuts prompt media attack on brokers
by Staff Reporter • 16 Apr 2008
A number of tabloid daily newspapers this week claimed broker-originated mortgages were a more costly option for... READ MORE
MFAA calls on Government to secure funding sources
by Staff Reporter • 15 Apr 2008
Phil Naylor, chief executive of the MFAA, said the need for securitised sources of funding had never been more... READ MORE
Brokers back non-banks despite ASIC report findings
by Staff Reporter • 10 Apr 2008
According to the report, average non-ADI fees significantly exceed banks and mutuals.
In particular, non-ADI early... READ MORE
MFAA warns of ?back to the future? danger for industry
by Staff Reporter • 4 Apr 2008
In a submission to the Senate Select Committee into Housing Affordability, MFAA CEO Phil Naylor said that competition... READ MORE
Brokers appreciate need for commission clawbacks: St George
by Staff Reporter • 26 Mar 2008
Mr Heavey’s comments follow the bank’s recent decision to change arrangements on broker commission... READ MORE
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