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Breaking News
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...
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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...
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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 delays.
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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...
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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,...
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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...
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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...
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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...
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MyState names marketing, comms manager
by Sarah Simpkins • 9 Jul 2021
MyState Bank has appointed a new marketing manager to oversee broker communications.
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Hot 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...
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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...
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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...
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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...
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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.
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Assetline 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...
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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...
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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...
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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...
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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...
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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...
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‘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...
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Butn to go public
by Sarah Simpkins • 6 Jul 2021
Small business finance platform Butn is set to list on the ASX, in a $20 million IPO.
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Majority of brokers believe rate is top attraction
by Malavika Santhebennur • 6 Jul 2021
Most brokers said that clients seek their advice about optimal home loan interest rates, which could mount pressure on...
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SFG appoints Qld BDM
by Malavika Santhebennur • 6 Jul 2021
The privately owned aggregator has appointed a former credit analyst to its newly created Queensland BDM role.
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SocietyOne names broker distribution head
by Sarah Simpkins • 5 Jul 2021
The personal lender has recruited a former Mortgage Choice and Aussie sales manager to lead its broker...
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