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Lender

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Neo-lender appoints first broker head

by Annie Kane • 7 Dec 2018
A digital lender has appointed its first national manager for broker distribution to help develop its broker offering... READ MORE
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Bank hikes rates, reintroduces home loan fee

by Charbel Kadib • 7 Dec 2018
A regional bank has increased interest rates on its investor loan products and has introduced an establishment fee on... READ MORE
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Major bank to change commissions next year

by Annie Kane • 6 Dec 2018
A big four bank has confirmed that it will be changing the way it calculates upfront commissions from next year, in... READ MORE
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Non-major bank announces new commission structure

by Annie Kane • 5 Dec 2018
Another bank has announced that it will be updating the way it pays broker commissions from 1 January 2019. READ MORE
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Getting an application through in today’s tougher lending...

by Mortgage Choice • 3 Dec 2018
Promoted by Mortgage Choice. Brokers across the country are grappling with the impact of developments in the current... READ MORE
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ANZ CEO weighs in on the HEM debate

by Charbel Kadib • 3 Dec 2018
The use of the Household Expenditure Measure to assess serviceability was initially less common for broker-originated... READ MORE
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Ombudsman clarifies new securitisation fund following ‘confusion’

by Annie Kane • 3 Dec 2018
The small business ombudsman has clarified what the $2 billion Australian Business Securitisation Fund will involve,... READ MORE
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Straight-through processing could be achieved in 2019: Mogo

by Annie Kane • 3 Dec 2018
One aggregator and one lender could come out with a “straight-through processing solution” next year, the heads of... READ MORE
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ANZ CEO laments complex ‘408-step’ mortgage process

by Charbel Kadib • 29 Nov 2018
ANZ CEO Shayne Elliott has conceded that the bank’s complex mortgage application process has contributed to much of... READ MORE
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Non-bank capitalises on major bank retreat

by Reporter • 29 Nov 2018
The “decreased risk appetite” of major lenders has helped a non-bank achieve $2 billion in settlement growth since... READ MORE