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Breaking News
Sydney referral network expanding to Melbourne and Perth
by Nick Bendel • 25 Feb 2014
A buyer’s agency that works with 1st Street Home Loans and Intelligent Finance is looking for other brokers to join...
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Profits down but volumes up for Homeloans
by Nick Bendel • 25 Feb 2014
Homeloans has suffered a 14.1 per cent fall in profits due to the “very challenging mortgage lending market”.
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Lender forecasts more loans and faster settlements
by Nick Bendel • 25 Feb 2014
La Trobe Financial has revealed the switch to positive credit reporting could help drive a “record year” for loan...
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Brokers on track for majority market share: MFAA
by Staff Reporter • 25 Feb 2014
Mortgage brokers grew their volumes by 23 per cent in 2013 and will continue to increase their share of the market.
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Broker targets $1bn of loans and national expansion
by Nick Bendel • 24 Feb 2014
One of Melbourne’s top brokerages has forecast it will double in size within three years to become a billion-dollar...
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Lender extends discounted rate to 80pc LVR
by Staff Reporter • 24 Feb 2014
One lender has targeted “a far bigger pool of customers” by extending its discounted fixed rate to 80 per cent LVR...
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‘It’s the broker that helps the most people that wins’
by Nick Bendel • 24 Feb 2014
One of the keys to long-term success is sacrificing short-term sales, according to one advertising expert.
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Major reports increased share of mortgage market
by Nick Bendel • 24 Feb 2014
NAB has reported “good growth in mortgages” along with an 11.1 per cent rise in profits.
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Non-bank launches online pre-approval system
by Nick Bendel • 24 Feb 2014
State Custodians has launched a new website that will allow customers to receive conditional pre-approval online.
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Another major cuts fixed rates
by Nick Bendel • 21 Feb 2014
One of the biggest mortgage lenders has cut up to five basis points from its two- and three-year fixed-rate mortgages.
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Brokerage dominates inaugural Better Business Awards
by Staff Reporter • 21 Feb 2014
Victoria’s third-party mortgage industry turned out in force last night to recognise the state’s top brokers and...
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New e-signature tool lets brokers track client progress
by Nick Bendel • 21 Feb 2014
Half of Australia’s mortgage brokers will be using a new electronic signature tool by the end of 2014, according to...
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A leaner Firstfolio announces loss
by Nick Bendel • 21 Feb 2014
Firstfolio has reported a $294,000 loss after suffering a $1.3 million revenue decline.
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High auction numbers to test Melbourne, Sydney markets
by Staff Reporter • 21 Feb 2014
Auction numbers continue to hover near record highs, with the almost 2,000 properties to go under the hammer in...
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We’ve got the leads, now we want the brokers: LJ Hooker
by Nick Bendel • 20 Feb 2014
LJ Hooker Home Loans plans to recruit a network of hungry brokers to drive a 40 per cent growth spurt.
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Leads for the taking: 22pc of vendors don’t have finance
by Nick Bendel • 20 Feb 2014
Property research firm RP Data has revealed how brokers can generate 75 strong leads per year from their local area.
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Diversification equals dollars, say lenders
by Nick Bendel • 20 Feb 2014
Brokers who diversify into debtor finance and personal loans can “increase their income stream with a minimal amount...
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ASIC says penalties are too soft
by Nick Bendel • 20 Feb 2014
ASIC has asked parliament for increased powers and has called for law-breakers to be hit with tougher sentences.
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COBA calls for more competition
by Staff Reporter • 20 Feb 2014
The Customer Owned Banking Association has called for financial regulation reforms to deliver a more equitable...
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More rules won’t clean up industry, say brokers
by Nick Bendel • 19 Feb 2014
Brokers are adamant the industry does not need more regulation, despite another broker losing his credit licence.
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Better Business Summit registrations top 2,000
by Staff Reporter • 19 Feb 2014
Brokers and industry heads have shown strong support for the Better Business Summit, with the Melbourne leg now sold...
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Non-major grows loan book by 11.2pc
by Nick Bendel • 19 Feb 2014
Bendigo and Adelaide Bank customers are repaying their home loans too quickly for the bank’s own good.
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RBA predicts a 'period of stability in interest rates'
by Staff Reporter • 19 Feb 2014
Minutes from the latest RBA board meeting indicate the cash rate is set remain unchanged for some time after the board...
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Corporate collapses will always happen: govt
by Staff Reporter • 19 Feb 2014
Assistant Treasurer Arthur Sinodinos has said “no amount of regulation” can prevent collapses in the financial...
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Melbourne broker’s credit licence cancelled
by Staff Reporter • 18 Feb 2014
A Victorian mortgage broker has had his credit licence cancelled after ASIC raised concerns about his conduct.
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