Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

Growing SME debt finance puts brokers in focus, says Scotpac

by Fabian Cotter • 24 Nov 2022

Brokers are playing an increasingly key part in helping SMEs get crucial debt help fast – and much more, non-bank...READ MORE

Small bank BDMs, assessors outdo large ADIs: Broker Pulse

by Malavika Santhebennur • 24 Nov 2022

BDMs and credit assessors at some smaller lenders achieved perfect scores from brokers in October, outshining their... READ MORE

‘Serious repercussions’ for RBA in 2023: Rate Money CEO

by Adrian Suljanovic • 24 Nov 2022

With interest rates expected to continue to rise into the new year, the central bank could face some consequences, the... READ MORE

FBAA appoints new board members

by Adrian Suljanovic • 24 Nov 2022

The Finance Brokers Association of Australia has appointed Christine Green as a new member of the board.

Broker channel pivotal in AMP-Bricklet FHB deal

by Fabian Cotter • 23 Nov 2022

A new shared-equity partnership to give select first-home buyers a boost over deposit hurdles has been... READ MORE

Small ADI turnarounds fastest on record: Broker Pulse

by Malavika Santhebennur • 23 Nov 2022

Turnaround times were the fastest on record at small ADIs last month, with one lender reportedly cutting its time to a... READ MORE

Calls to redesign mortgages to prevent financial abuse

by • 23 Nov 2022

There are calls to redesign home loan products to prevent or minimise financial abuse.

Aussie holiday plans scuttled as rates’ reality kicks in

by Fabian Cotter • 22 Nov 2022

Increasingly ditched end-of-year holiday plans are putting mortgage refinancing in focus, latest Aussie Home Loans... READ MORE

NSW land tax could lower serviceability, broker warns

by • 22 Nov 2022

The additional expense from property tax could affect borrowing power for first home buyers, Shore Financial CEO has... READ MORE

NAB issues warning for ‘quick fix’ payday lending

by Adrian Suljanovic • 22 Nov 2022

The major bank has warned consumers about the potential risks with payday loans as Australians gear up for the holiday... READ MORE

PCF Group welcomes new state director

by • 22 Nov 2022

Rob Thomas is set to join PLAN Australia, Choice Aggregation and FAST Group as Queensland’s state director.

Broking embraces government franchising transparency push

by Fabian Cotter • 21 Nov 2022

Both peak bodies for the national mortgage broking industry welcome recent franchising transparency requirements, they... READ MORE

Plenti’s loan portfolio increases by 69%

by Adrian Suljanovic • 21 Nov 2022

The personal non-bank lender has recorded almost 70 per cent growth in its loan portfolio in the six months ended 30... READ MORE

Equipment finance lender launches SaaS offering

by Reporter • 21 Nov 2022

Usage-based equipment finance lender coaXion has partnered with a non-bank lender in a pilot, as its ramps up its... READ MORE

Commercial lending ‘remains healthy’: Report

by Fabian Cotter • 21 Nov 2022

Lender interest in Australian commercial real estate continues to be high, a new survey has revealed.

Broker channel ‘important part’ of Heritage-PCCU future

by Fabian Cotter • 18 Nov 2022

Aggregators and brokers are still key to the Heritage Bank-People’s Choice Credit Union merger, the mutuals have... READ MORE

MFAA concludes voting on new board members

by Adrian Suljanovic • 18 Nov 2022

Three new board directors have been elected by the MFAA at the organisation’s annual general meeting.

350km for $35k – meet the man who ran to Mount Kosciuszko

by Malavika Santhebennur • 18 Nov 2022

A Resimac regional sales manager has proved that it’s mind over matter after running a gruelling 350 kilometres to... READ MORE

Broker usage of big 4, non-banks falls: Broker Pulse

by Malavika Santhebennur • 18 Nov 2022

Fewer brokers reported using major banks and non-banks for their clients in October compared to the previous month, new... READ MORE

Hot Property: The biggest property headlines from week 14–18...

by Adrian Suljanovic • 18 Nov 2022

The weekly round-up of the biggest news stories from across Momentum Media’s property brands from the week ending 18... READ MORE

In case you missed it (week ending 18 November)

by • 18 Nov 2022

In case you missed it, RACQ launches into broker channel, New certification set to launch for brokers, brokerage... READ MORE

Non-major bank launches into broker channel

by Annie Kane • 17 Nov 2022

A mutual bank has begun distributing loans through the third-party channel for the first... READ MORE

Bridgit joins its 2nd lender panel

by Adrian Suljanovic • 17 Nov 2022

The non-bank lender has once again extended its broker offering by joining Finsure’s lender panel.

Interstate commercial lending alliance launched

by Fabian Cotter • 17 Nov 2022

EXCLUSIVE Sydney’s Marketplace Finance and Victoria’s My Local Broker have joined forces to bolster MLB broker... READ MORE

Federal Court places travel ban on broker

by Reporter • 17 Nov 2022

The Federal Court has made interim travel restraint orders against a former director of a finance... READ MORE

Regional hotspot boom winds down

by Kyle Robbins • 16 Nov 2022

Following the rush to regions, induced by COVID-19 lockdowns, Australia’s regional housing market boom has burst... READ MORE

Resimac foresees mortgage headwinds in FY23

by Adrian Suljanovic • 16 Nov 2022

Fierce competition will continue to feed into home loan origination headwinds, the non-bank has said.

Gedda appoints new national sales manager

by Adrian Suljanovic • 16 Nov 2022

The personal and auto loan provider has welcomed a new national sales manager to bolster broker channel... READ MORE

Brokerage co-founders to exit the business

by Annie Kane • 15 Nov 2022

Two of the four co-founders of Lendi Group will be leaving the business they helped establish after nearly 10... READ MORE

New certification set to launch for brokers