Lender
Major bank fires staff over ‘incorrect’ home loan applications
by Reporter • 16 Nov 2017
The major bank released a statement on 16 November highlighting that, since 2013, around 2,300 home loans... READ MORE
‘Predatory loans’: Central bank slams P2P lending
by James Mitchell • 15 Nov 2017
The Federal Reserve Bank of Cleveland has released a new research paper titled Three Myths about Peer-to-Peer Loans,... READ MORE
Westpac Group’s R&O requirements now live
by Reporter • 14 Nov 2017
As announced earlier this month, brokers submitting loans through Westpac or its subsidiaries via their broker... READ MORE
Bluestone closes $300m RMBS
by Reporter • 10 Nov 2017
In a strong market, the Sapphire XVII deal was well received by investors, with over-subscription experienced across... READ MORE
Ex-CBA employee charged for role in $36m ‘fraud conspiracy’
by Reporter • 10 Nov 2017
Former CBA employee Andrew Cameron of Melbourne appeared before the Melbourne Magistrates’ Court today (10... READ MORE
Complex lending market has ‘winners and losers’
by Reporter • 10 Nov 2017
Alan Greenstein, the CEO of new fully licensed marketplace lender Zagga, said that there are both “winners and... READ MORE
Online SME lender delivers $500m to economy
by Reporter • 10 Nov 2017
According to the online lender, 2017 was a “bumper year” for the SME loan specialist, after securing over $50... READ MORE
Banks have created ‘SLAs on top of SLAs’ by outsourcing
by James Mitchell • 9 Nov 2017
As a former Mortgage Choice franchise employee, Ruth Hatherley witnessed first-hand how frustrating it can be to deal... READ MORE
NAB ‘open for business’ on IO, investor loans
by James Mitchell • 7 Nov 2017
NAB’s full-year results for the 2017 financial year reveal just how effective APRA’s caps on interest-only and... READ MORE
Westpac closes 58 branches in digital push
by Staff reporter • 6 Nov 2017
In its full-year results, announced on 6 November, Westpac noted that it has managed to save $262 million in FY17 by... READ MORE
Is RENTVESTING the new Aussie dream?
by La Trobe Financial Group • 3 Nov 2017
THE AUSTRALIAN DREAM of a white picket fence, a tyre swing and a Hills Hoist in the backyard is nearly gone. Throw in... READ MORE
Westpac bolsters responsible lending with ApplyOnline changes
by Staff reporter • 1 Nov 2017
From 14 November 2017, brokers will be required to complete additional Requirements & Objectives (R&O)... READ MORE
AFP charges RAMS founder with fraud
by James Mitchell • 31 Oct 2017
The ABC reported this morning (31 October) that Mr Kinghorn has been charged and will appear in Downing Centre Local... READ MORE
FBAA welcomes news from major bank
by Staff reporter • 30 Oct 2017
In its full-year results, released last week, ANZ bank revealed that brokers originated 56 per cent of its mortgages,... READ MORE
Mutual banks cut owner-occupier IO rates
by Reporter • 27 Oct 2017
The mutual banks, owned by Teachers Mutual Bank Limited, have dropped the variable interest rate to 3.84 per cent... READ MORE

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