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Lender
Mike Jefferies to stand down from Resimac board
by Annie Kane • 25 Oct 2019
The mortgage lender has announced that independent non-executive director Mike Jefferies is to step down from the board...
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Complexities putting AI implementation at a ‘standstill’
by Charbel Kadib • 24 Oct 2019
A new report has flagged risks associated with the implementation of AI technology, which could be inhibiting...
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Westpac launches new serviceability calculator
by Reporter • 23 Oct 2019
The major bank has revamped its serviceability calculator in response to broker feedback.
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Best interests duty will ‘help’ broking industry
by Annie Kane • 22 Oct 2019
The new best interests duty regulation could act as a calling card for the broking industry as it will provide greater...
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Westpac eases investor lending policy
by Charbel Kadib • 22 Oct 2019
The major bank has revised its investor lending policy, increasing the maximum LVR for interest-only loans.
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Neo-lender approves first ‘15-minute’ mortgage
by Hannah Dowling • 22 Oct 2019
Australian Mortgage Marketplace has settled its first mortgage application, providing a broker client with a verified...
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Macquarie Bank revises serviceability policy
by Malavika Santhebennur • 21 Oct 2019
The non-major bank has announced changes to its serviceability policy in response to record-low interest rates.
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CBA reaping rewards of home lending bounce
by Malavika Santhebennur • 18 Oct 2019
The major bank’s CEO, Matt Comyn, told the AGM that there is an “abundance” of housing credit available, as the...
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One in five consumers to switch banks
by Hannah Dowling • 17 Oct 2019
With open banking due to be introduced in February 2020, Deloitte studied how consumers are likely to react to the...
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ME joins uno’s lender panel
by Malavika Santhebennur • 16 Oct 2019
The non-major has joined an online mortgage broker’s lender panel.
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