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Lender

Bank overhauls rem model, reduces upfront commissions

Bank overhauls rem model, reduces upfront commissions

by Reporter • 27 Oct 2020
A non-major lender has announced a raft of changes to its broker remuneration structure, including a reduction to... READ MORE
Westpac rolls out new offer for mortgage guarantors

Westpac rolls out new offer for mortgage guarantors

by Reporter • 27 Oct 2020
The major bank has launched a new term deposit offer for guarantors providing security for a home loan. READ MORE
Lenders blitz mortgage market with cashbacks

Lenders blitz mortgage market with cashbacks

by Reporter • 27 Oct 2020
The number of lenders promoting cashback offers has more than doubled since the onset of the COVID-19 crisis, enticing... READ MORE
RAMS to move to ‘simplified’ business model

RAMS to move to ‘simplified’ business model

by Annie Kane • 26 Oct 2020
The Westpac-owned brand will officially become a single-brand mortgage lender from next month, only offering RAMS... READ MORE
WA extends home building grant construction deadline

WA extends home building grant construction deadline

by Annie Kane • 26 Oct 2020
The WA government has extended the deadline for when construction must start on new homes bought with the Building... READ MORE
Major banks open New Home Guarantee waitlists

Major banks open New Home Guarantee waitlists

by Annie Kane • 21 Oct 2020
The two major banks on the FHLDS are opening their waitlists for the additional 10,000 places under the New Home... READ MORE
Millennials prioritising home ownership

Millennials prioritising home ownership

by Annie Kane • 20 Oct 2020
The Millennial generation is the largest cohort prioritising home ownership over lifestyle aspirations, new data from... READ MORE
Major bank to pay $15m for engaging unlicensed introducers

Major bank to pay $15m for engaging unlicensed introducers

by Annie Kane • 19 Oct 2020
A big four bank has been ordered to pay a civil penalty of $15 million for engaging with unlicensed home loan... READ MORE
Mutual bank to move to ‘digital first’ strategy

Mutual bank to move to ‘digital first’ strategy

by Annie Kane • 14 Oct 2020
Teachers Mutual Bank Ltd has revealed that it is moving to a “digital first” strategy and will develop an online... READ MORE
Lender to pay trail on loans with extended deferrals

Lender to pay trail on loans with extended deferrals

by Annie Kane • 13 Oct 2020
A non-major lender has confirmed that it will continue to pay trail to brokers whose clients require extended loan... READ MORE