Mortgage and Finance Brokers Breaking News - The Adviser

Victorian man charged with multiple fraud

by James Mitchell, Nick Bendel • 10 Feb 2015

Detectives from the Victoria Police Fraud and Extortion Squad have charged a man following a series of alleged fraud... READ MORE

Trail book merchant denies being serial scammer

by Nick Bendel • 10 Feb 2015

Brokers have been warned against doing business with industry suppliers who ask for upfront payments and do not provide... READ MORE

Naylor joins Kym Dalton’s consulting firm

by James Mitchell • 10 Feb 2015

Former MFAA chief executive Phil Naylor has joined industry consulting group SAKS Consulting as associate director. READ MORE

Rate-cutting frenzy continues

by Staff reporter • 10 Feb 2015

At least 16 third-party lenders have reacted to the Reserve Bank’s cash rate decision last week by cutting their home... READ MORE

Fixed-rate demand hits two-year low

by Staff reporter • 10 Feb 2015

An increasing number of borrowers are choosing to take out a variable-rate mortgage, as demand for fixed-rate loans... READ MORE

FHB error could aggravate investor lending issue

by Staff reporter • 9 Feb 2015

The Australian Bureau of Statistics has admitted a 26 per cent error in its first home buyer statistics, potentially... READ MORE

Regional bank cuts fixed rates by 40 basis points

by Staff reporter • 9 Feb 2015

Improved funding conditions have led one Australian lender to begin offering cheaper fixed-rate home loans this week. READ MORE

Regulator approves Wide Bay bank status

by Staff reporter • 9 Feb 2015

APRA has consented to Wide Bay Australia's transition to becoming a bank. READ MORE

Betting syndicate helps broker group raise $6m

by Huntley Mitchell • 6 Feb 2015

Australian Credit and Finance has closed a $6 million capital raise with help from the founders of two prominent... READ MORE

More lenders follow suit with rate reductions

by Staff reporter • 6 Feb 2015

Yellow Brick Road, AMP, Suncorp Bank and Citibank have revealed their new standard variable rate home loans. READ MORE

Financial comfort level reaches record high

by Staff reporter • 6 Feb 2015

Improvements in job availability and security were key contributors to household financial comfort reaching its highest... READ MORE

Loan fraud on regulator's radar

by Staff reporter • 6 Feb 2015

ASIC believes the outcomes reflected in its latest enforcement report demonstrate its commitment to crack down on loan... READ MORE

ANZ matches NAB on rate cut

by Staff reporter • 5 Feb 2015

ANZ today announced it will lower interest rates for variable rate mortgages by 0.25 per cent per annum following its... READ MORE

NAB cuts rates: lowest in 40 years

by Staff reporter • 5 Feb 2015

National Australia Bank has become the third major lender to pass on the Reserve Bank's rate cut in full. READ MORE

Bank’s ultra-low variable rate drives 380pc surge in volumes

by Nick Bendel • 5 Feb 2015

Aggregator statistics have revealed the significant impact that interest rate cuts can have on where brokers send their... READ MORE

Industry veteran warns brokers of online threats

by James Mitchell • 5 Feb 2015

An industry veteran has warned brokers their biggest threat in coming years will be the major banks' ability to win... READ MORE

Non-bank lender reduces fixed rates

by Staff reporter • 5 Feb 2015

Australian First Mortgage (AFM) has taken the knife to its four-year and five-year fixed-rate home loans. READ MORE

Two more banks respond to RBA rates decision

by Staff reporter • 5 Feb 2015

Heritage Bank and Bank of Melbourne have followed suit by reducing rates for their variable home loan products. READ MORE