Breaking News
NAB targeting ‘consistency’ in turnarounds and decisioning
by Annie Kane • 15 Jul 2021
The major bank’s new executive for broker distribution says the bank is focused on making turnarounds and decisioning...READ MORE
Choice adds Judo to lending panel
by Sarah Simpkins • 15 Jul 2021
Judo Bank has joined the lender panel of Choice Aggregation Services, with the move reportedly expanding its reach to... READ MORE
Bank announces new head of broker
by Annie Kane • 14 Jul 2021
Great Southern Bank has appointed a new head of broker and insurance partnerships.
READ MORETechLend launches new 'BNPL' bridging loans
by Sarah Simpkins • 14 Jul 2021
A broker and an ex-lender strategy head have teamed up to launch a digital non-bank, rolling out an interest-free... READ MORE
Finalists revealed for Women in Finance Awards 2021
by reporter • 14 Jul 2021
More than 200 women from across the financial services industry are in the running for the Women in Finance Awards... READ MORE
Plenti upsizes automotive facility to $450m
by Malavika Santhebennur • 14 Jul 2021
The fintech lender has increased the capacity of its automotive loan warehouse facility by $100 million amid loan... READ MORE
NSW releases COVID-19 support for SMEs and individuals
by Malavika Santhebennur • 13 Jul 2021
The NSW and federal governments have launched expanded support for businesses and workers affected by extended... READ MORE
Volt acquires non-bank lender
by Annie Kane • 13 Jul 2021
Volt Bank has fully acquired non-bank fintech Australian Mortgage, as it moves to deliver a digital mortgage solution... READ MORE
CHL Elevate reports 224% spike in loan volumes
by Malavika Santhebennur • 13 Jul 2021
Connective Elevate home loan application volumes have increased by more than 220 per cent since replacing another... READ MORE
Nectar teams with credit repair agency
by Sarah Simpkins • 13 Jul 2021
Franchise brokerage Nectar Mortgages has partnered with credit repair agency Clear Credit Solutions, as the pair has... READ MORE
Former director pleads guilty to false document charges
by reporter • 13 Jul 2021
A former director of a Sydney financial services company has pleaded guilty to one count of making false documents and... READ MORE
Banjo launches bridging finance offering
by Annie Kane • 12 Jul 2021
The SME lender has launched a new bridging finance product to help businesses grow “uninterrupted” by... READ MORE
BMM tweaks SMSF rates, LVR and limits
by reporter • 12 Jul 2021
Better Mortgage Management has increased limits and loan-to-value ratios, and dropped rates, on some of its SMSF loan... READ MORE
OnDeck reports spike in broker-originated loans
by Malavika Santhebennur • 12 Jul 2021
The SME lender has seen a 175 per cent rise in the number of broker-originated loans in the first half of 2021,... READ MORE
Former Mortgage Choice executive to take on Sydney auctions
by reporter • 12 Jul 2021
The major brokerage’s former head of recruitment has moved into the auction space, revealing a new business... READ MORE
AFG brokers lodged $81bn in FY21
by Annie Kane • 9 Jul 2021
Brokers aggregating under AFG lodged more than $81 billion in home loans over FY21, after closing the year with a... READ MORE
Prime Capital expands BDM team
by Annie Kane • 9 Jul 2021
Three new business development managers have joined non-bank lender Prime Capital as it bolsters its broker support... READ MORE
MyState names marketing, comms manager
by Sarah Simpkins • 9 Jul 2021
MyState Bank has appointed a new marketing manager to oversee broker communications.
READ MOREHot Property: The biggest property headlines from the week 5 to 9 July
by Reporter • 9 Jul 2021
The weekly round-up of the biggest news stories from across Momentum Media’s property titles from the week ending 9... READ MORE
Home building insurance exempt from deferred sales regime
by Annie Kane • 8 Jul 2021
The Treasurer has confirmed that home building insurance and home and contents insurance will be exempt from the... READ MORE
Banks explain lagging turnarounds to Parliament
by Sarah Simpkins • 8 Jul 2021
Big four and non-major banks have given their reasons for delayed turnarounds for the broker channel, which vary from... READ MORE
Resimac Asset Finance acquires stake in commercial finance company
by Annie Kane • 8 Jul 2021
The asset finance division of the non-bank lender is acquiring a stake in Sonder Equipment Finance in a bid to boost... READ MORE
Registrations open for New Broker Academy 2021
by reporter • 8 Jul 2021
The Adviser’s free-to-attend event for new and prospective mortgage brokers has opened for registrations.
READ MOREAssetline opens Melbourne office, hires state head
by Annie Kane • 8 Jul 2021
The short-term secured asset lender has opened a new office in South Yarra and hired a new director to continue the... READ MORE
Loan fraud is greatest AML/CTF risk to non-banks: AUSTRAC
by Annie Kane • 7 Jul 2021
Loan application and identity fraud are the main threats to non-banks, the government agency has concluded, noting the... READ MORE
Associations announce changes to national award ceremonies
by reporter • 7 Jul 2021
The FBAA has postponed its national conference and awards to November, while the MFAA has moved its national awards... READ MORE
LoanU appoints BDM for broker relationships
by Sarah Simpkins • 7 Jul 2021
Specialist lender LoanU has named a new business development manager responsible for acquiring and maintaining broker... READ MORE
Debt management ACL regime begins
by Malavika Santhebennur • 7 Jul 2021
ASIC has warned debt management firms, who are now require to hold an ACL, that it is closely monitoring compliance... READ MORE
RBA delivers first rate decision for FY21-22
by Malavika Santhebennur • 6 Jul 2021
The RBA has announced its decision for the official cash rate for July, as well as changes to strategies around its... READ MORE
‘Responsible lending’ issues among top consumer complaints
by Annie Kane • 6 Jul 2021
Credit cards and home loan issues were the most complained-about products in financial year 2021, with responsible... READ MORE

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