Mortgage and Finance Brokers Breaking News - The Adviser

RedZed confirms clawback changes

by Annie Kane • 4 Aug 2023

The non-bank lender has confirmed that it will move to a diminishing clawback scale for residential loan applications... READ MORE

Hot Property: The biggest property headlines from week 31 July–4...

by Adrian Suljanovic • 4 Aug 2023

The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 4... READ MORE

MFAA campaign reaches over 900,000 people

by Reporter • 4 Aug 2023

The association has announced its consumer advertising campaign has garnered the attention of home buyers. READ MORE

Smartmove integrates with Viridian

by Annie Kane • 3 Aug 2023

The Top 25 Brokerage will retain its brand and team as it moves to integrate with the major financial services business... READ MORE

Clawback rate rises to 11%: Sam White

by Annie Kane • 3 Aug 2023

Clawback rates have more than doubled recently, amid a refinancing boom, the executive chairman of LMG has revealed. READ MORE

Steps to help borrowers not being taken: FBAA

by Adrian Suljanovic • 3 Aug 2023

The association has expressed its growing frustration over the lack of action taken to assist borrowers under financial... READ MORE

Optimism amid business conditions worsening

by • 3 Aug 2023

While Australian businesses grapple with growing challenges there are glimmers of optimism reported by some brokers. READ MORE

Money Quest Group appoints national growth manager

by Adrian Suljanovic • 3 Aug 2023

The aggregator has announced Paul Wright’s appointment to a new head office role. READ MORE

Minister for Finance visits FBAA

by Josh Needs • 2 Aug 2023

The visit included discussions on ‘challenges with regulation in several areas’ between Katy Gallagher and the... READ MORE

RBA holds cash rate steady

by Adrian Suljanovic • 1 Aug 2023

The Reserve Bank has paused the cash rate yet again as it waits to assess the impact of the previous 12 hikes. READ MORE

2 asset finance aggregators acquired by COG

by Josh Needs • 1 Aug 2023

COG Aggregation has acquired NFC and United Financial Services, which represent 182 broker firms nationwide and write... READ MORE

Resolve Finance loan volumes up 13% over FY23

by Adrian Suljanovic • 1 Aug 2023

The mortgage brokerage has reported a ‘record year in lending’ for the financial year 2023, surpassing $1.5 billion... READ MORE

‘Virtual coach’ lead gen platform for brokers launches

by Annie Kane • 1 Aug 2023

Fule, a new platform that operates as a virtual coach, has been launched to help brokers gain more leads and improve... READ MORE

CBA rolls out digital refinancing function

by Annie Kane • 1 Aug 2023

Borrowers can now commence and submit refinance applications online with the major bank as part of a new digital... READ MORE

Australians need financial literacy improvement: AMP

by Josh Needs • 1 Aug 2023

Over a third of Australian adults are financially illiterate, with an 8 per cent gap between males and females, a new... READ MORE

Loan originations fall 37% at Prospa

by Josh Needs • 31 Jul 2023

The non-bank’s SME loan originations dropped by more than a third in 4Q23, after it tightened credit risk settings... READ MORE

Assetline Capital appoints WA/SA BDM

by Adrian Suljanovic • 31 Jul 2023

The non-bank lender has announced the appointment of Stacey Madejewski as its new Western and South Australian business... READ MORE

Wisr loan originations down 71% in 4Q23

by Adrian Suljanovic • 31 Jul 2023

Following a “deliberate” strategy to moderate loan origination growth, new originations fell 71 per cent at the... READ MORE

Finsure reveals plans to launch in NZ

by • 28 Jul 2023

Finsure Group has announced plans to expand across the Tasman Sea, marking its first venture outside of Australia. READ MORE

Home loans amongst fewest complaints: AFCA

by Josh Needs • 28 Jul 2023

While financial complaints rose by more than a third in the financial year 2023, home loan grievances were below... READ MORE

Founding MFAA member receives life membership

by • 28 Jul 2023

One of the founders of the Mortgage Bankers Association of Australia (which later became the MFAA) was honoured last... READ MORE

Keystone Capital appoints national fund manager

by Reporter • 28 Jul 2023

The non-bank lender has welcomed Steve Lawrence to the team as national fund manager. READ MORE

Hot Property: The biggest property headlines from week 24–28 July

by Adrian Suljanovic • 28 Jul 2023

The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 28... READ MORE

Second major bank changes clawback policy

by Annie Kane • 27 Jul 2023

A big four bank has confirmed that it will be reducing its clawback structure by six months for all consumer mortgages... READ MORE