Mortgage and Finance Brokers Breaking News - The Adviser

Hot Property: The biggest property headlines from week 11–15...

by Adrian Suljanovic • 15 Dec 2023

The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 15... READ MORE

Broker loyalty maintains strength

by Josh Needs • 14 Dec 2023

A greater proportion of mortgagors are loyal to their broker than those borrowing through the direct channel, according... READ MORE

Resimac launches new lending division

by Reporter • 14 Dec 2023

A new secured business loan division has been set up by the non-bank following broker feedback – with a new national... READ MORE

How brokers can protect their clients’ privacy

by Adrian Suljanovic • 14 Dec 2023

An aggregator has stressed the importance of safeguarding broker clients’ privacy as we head into the new year. READ MORE

Bluestone appoints head of originations

by Adrian Suljanovic • 14 Dec 2023

The mortgage lender has announced the appointment of Rob Westgarth as its new head of originations. READ MORE

Industry raises thousands for charity at mental health event

by Annie Kane • 13 Dec 2023

A total of $12,800 has been raised for Beyond Blue after the AMP Foundation matched the $6,400 raised by members of the... READ MORE

Business administrations surge, failure risk increases

by • 13 Dec 2023

While new data portrays a grim outlook for the healthcare sector in 2024, some brokers hold contrasting opinions,... READ MORE

ASIC bans NSW finance broker

by Reporter • 13 Dec 2023

ASIC has banned a NSW finance broker from engaging in credit activities and suspended his brokerage for two years. READ MORE

Oak Capital appoints first national sales manager

by Reporter • 13 Dec 2023

The private lender has promoted its state manager for southern states to the new position of national sales manager. READ MORE

Lender loyalty tax persists in impacting borrowers

by • 12 Dec 2023

Existing borrowers have been charged rates 0.29 bps higher than new borrowers on average, presenting challenges for... READ MORE

Brokerage co-founder becomes CEO of PropHero

by Annie Kane • 12 Dec 2023

Broker partnerships will be top of mind for the proptech company, as it confirmed it has appointed a brokerage... READ MORE

Foreign investment changes a ‘step in the right direction’:...

by Josh Needs • 12 Dec 2023

A tripling of foreign investor fees, while a positive step, will not solve the housing crisis, members of the broking... READ MORE

Trust ‘key to client loyalty’: FBAA

by Adrian Suljanovic • 11 Dec 2023

New research has found that brokers’ mortgage market share is fundamentally built on trust. READ MORE

LoanOptions.ai launches auto complete loan application engine

by Reporter • 11 Dec 2023

A new iteration of the neobroker’s app can reportedly cut asset finance loan applications in half by using... READ MORE

Over 80% of businesses experienced late payments: CreditorWatch

by Josh Needs • 11 Dec 2023

Late payment times have meant organisations facing a challenging operating environment are being further hindered. READ MORE

Federal Court fines ANZ

by Adrian Suljanovic • 11 Dec 2023

The major bank has been ordered by the Federal Court to pay a penalty for breaching its continuous disclosure... READ MORE

FBAA flags ‘concern’ with new advice model

by Annie Kane • 8 Dec 2023

Concerns have been raised by the broker association that the government’s new ‘qualified advice’ model will... READ MORE

How supportive are lenders’ policies? Brokers reveal

by • 8 Dec 2023

Brokers have highlighted several lenders for maintaining more stringent policies during economic setbacks, while others... READ MORE

Brokers now able to access open banking loan data via new app

by Reporter • 8 Dec 2023

A broker tech company has rolled out an open banking app that enables brokers to track their clients’ loans via open... READ MORE

Hot Property: The biggest property headlines from week 4–8 December

by Adrian Suljanovic • 8 Dec 2023

The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 8... READ MORE

Government creates new type of financial adviser

by Annie Kane • 7 Dec 2023

The government is creating a new class of financial advice provider, which will grant banks and insurers the ability to... READ MORE

Lender lowball valuations stifling mortgagors

by Josh Needs • 7 Dec 2023

Approvals are being stymied by lowball valuations and by lenders requiring lengthier, full valuations, brokers have... READ MORE

Why split loans are becoming more attractive

by Adrian Suljanovic • 7 Dec 2023

A growing number of potential buyers are seeking out split home loans to enter the property market, a broker has... READ MORE

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