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Lender
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...
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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...
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NSW, Vic get lion’s share of SME scheme: CBA
by Malavika Santhebennur • 13 Oct 2020
Nearly two-thirds of the funding provided under the first phase of the Coronavirus SME Guarantee Scheme by the major...
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FHLDS New Home Guarantee details released
by Annie Kane • 12 Oct 2020
Further details regarding the new 10,000 places released under the First Home Loan Deposit New Home Guarantee scheme...
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Former BDM banned for falsifying loan documents
by Malavika Santhebennur • 12 Oct 2020
A former St.George Bank BDM has been banned from engaging in credit activity and providing financial services for five...
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Call for states to harmonise e-signing laws
by Annie Kane • 9 Oct 2020
Federal and state governments are being called on to not only make permanent the ability for mortgages to be signed...
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Lenders applaud FHLDS expansion
by Annie Kane • 8 Oct 2020
The expansion of the First Home Loan Deposit Scheme to include another 10,000 places this financial year has been...
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Broker report on lenders expands
by reporter • 6 Oct 2020
A monthly broker survey of the lending market, Broker Pulse, has expanded into a new website and will soon launch a...
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Plenti quarterly loan originations exceed $100m
by Malavika Santhebennur • 5 Oct 2020
The non-bank lender has reported record quarterly loan originations, but said COVID-19 has impacted personal and energy...
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ASIC takes short-term lenders to court
by Malavika Santhebennur • 1 Oct 2020
The corporate watchdog has commenced proceedings in the Federal Court against two payday lenders for alleged unlicensed...
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