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SME lender brings in national BDM

by Annie Kane • 19 Jun 2020
Speedy Finance has welcomed its first national business development manager (BDM) to the team. Former Bluestone BDM... READ MORE

Offshore processing linked to loan approval lags

by Charbel Kadib • 18 Jun 2020
Over the past few months, several lenders, including three of the big four banks, have reported delays in their... READ MORE

HashChing launches coaching and training service

by reporter • 18 Jun 2020
HashSuccess – a motivational and educational service for HashChing brokers – aims to provide brokers with access... READ MORE

Prospa joins FAST lender panel

by Malavika Santhebennur • 17 Jun 2020
Aggregation group Finance & Systems Technology (FAST) has announced that Prospa has joined its panel. The... READ MORE

NAB tightens lodgement standards to reduce lags

by Charbel Kadib • 16 Jun 2020
NAB has informed brokers that as of Friday, 19 June, documents required for the formal assessment of a loan... READ MORE

Lockdown triggering more retirement conversations

by Annie Kane • 12 Jun 2020
According to Nick Young, director of trail book buyer Trail Homes, more brokers are now looking at retiring or... READ MORE

AOFM to invest $90m in Prospa warehouse

by Hannah Dowling • 12 Jun 2020
The Structured Finance Support Fund (SFSF) was announced by the government in March as a $15-billion investment fund,... READ MORE

CBA faces class action over credit insurance

by Annie Kane • 11 Jun 2020
Slater and Gordon has filed a class action in the Federal Court against Commonwealth Bank of Australia (CBA) and its... READ MORE

Lender lifts fixed mortgage rates

by Reporter • 11 Jun 2020
Newcastle Permanent has increased fixed rates by 10 bps on its Premium Plus Package, effective from Wednesday, 10... READ MORE

New non-resident loan product launched

by Hannah Dowling • 11 Jun 2020
The new product, named the “options non-resident loan” was launched in response to other lenders withdrawing from... READ MORE

Deferral customers prematurely resuming repayments: ANZ

by Charbel Kadib • 9 Jun 2020
ANZ’s group executive, retail and commercial, Mark Hand, has noted a recent shift in behaviour among borrowers that... READ MORE

AFG welcomes specialist lender to its panel

by Hannah Dowling • 5 Jun 2020
AFG head of sales and distribution Chris Slater announced the addition this week, with AMMF products now available to... READ MORE

Major bank overhauls assessment process

by Charbel Kadib • 3 Jun 2020
According to a communication sent by ANZ to its broker partners on Tuesday (2 June), the bank’s turnaround times... READ MORE

CBA announces interest-only lifeline

by Annie Kane • 2 Jun 2020
Last week, the Commonwealth Bank of Australia (CBA) said it was considering an expansion of its loan relief program... READ MORE

ANZ extends business loan terms

by Hannah Dowling • 1 Jun 2020
ANZ has announced that it will extend the maximum loan term on ANZ Business Loans under $1 million from 15 years to... READ MORE
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