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Lender
Mutual banks cut owner-occupier IO rates
by Reporter • 27 Oct 2017
Teachers Mutual Bank, UniBank and Firefighters Mutual Bank have dropped their interest rates for several home loans,...
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Lenders decline home loans after viewing this section of credit files
by Merrilyn Mansfield • 26 Oct 2017
We recently had two clients tell us that they were declined for home loans after a lender viewed the access section of...
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Pepper’s deal conversion tool reaches 1,000 users
by Julianne Leybag • 26 Oct 2017
Non-conforming lender Pepper has announced that its ‘market-first’ conversion tool for non-conforming deals has...
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Lenders trialling home loan blockchain solution
by Reporter • 26 Oct 2017
A range of lenders, including HSBC Australia, are currently trialling the “world’s most advanced end-to-end loan...
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Major bank to settle rate rigging case with ASIC
by Staff reporter • 24 Oct 2017
A big four bank has reached an in-principle agreement with the corporate watchdog to settle a court action relating to...
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Banks to develop individual approaches to remuneration
by Reporter • 24 Oct 2017
The FBAA has welcomed the Australian Bankers’ Association’s decision to reverse its position on how the banking...
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‘No formula’ for mortgage repricing, says NAB CEO
by James Mitchell • 23 Oct 2017
The major bank boss has confirmed that quantifying interest rate increases in response to regulatory measures is an...
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Major bank to refund $65m to customers
by Reporter • 20 Oct 2017
Westpac is to refund approximately $65 million to customers, including home loan customers, after finding that they...
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Former Pepper CEO joins SME lender
by Reporter • 19 Oct 2017
Patrick Tuttle, the former Co-Group CEO of Pepper, has been appointed to the board of SME lender GetCapital.
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Adelaide Bank changes residential lending policies
by Reporter • 18 Oct 2017
Effective from 18 October, Adelaide Bank has reduced the time frame for off-the-plan valuations, added an additional...
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