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Lender
SME lenders sign new Code of Lending Practice
by Reporter • 2 Jul 2018
Six fintech lenders have signed a new Code of Lending Practice that aims to standardise transparency and disclosure...
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New digital bank to offer home loans
by Reporter • 2 Jul 2018
A new digital bank will enter the mortgage market in the first quarter 2019 as it looks to challenge the traditional...
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‘Significant’ spike in funding costs prompts rate hike
by Reporter • 28 Jun 2018
BOQ has announced that it will be increasing interest rates across its variable home loans and lines of credit for...
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Booming property has ‘conditioned’ us to expect profits: CEO
by James Mitchell • 27 Jun 2018
The chief executive of a Sydney-based real estate group says that skyrocketing property prices have given Australians a...
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NAB brings on ‘home lending specialists’
by Reporter • 27 Jun 2018
“Specially trained” home lending specialists are being brought in to NAB’s banks to “offer customers expert...
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Non-bank assumes 20% default rate for apartments
by James Mitchell and Tim Stewart • 27 Jun 2018
A non-bank lender has revealed how it stress-tests new residential projects amid fears of oversupply, rising defaults,...
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Mortgage Choice partners with P2P lender
by Reporter • 26 Jun 2018
Mortgage Choice brokers will now have access to a greater range of loan products following the announcement of a new...
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‘Clean and timely exit’: CBA to cut ties with Aussie
by James Mitchell • 26 Jun 2018
CBA’s decision to distance itself from Aussie Home Loans via the bundled spin-off of its wealth management business...
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ASIC wants to embed agents within major banks
by Tim Stewart • 25 Jun 2018
New ASIC chairman James Shipton is asking the government for additional funds to embed staff within the big four banks...
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Credit squeeze hits elite brokers as lenders scrutinise expenses
by Reporter • 25 Jun 2018
As banks continue to tighten their home lending policies in response to regulatory pressure and the negative press...
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