Mortgage and Finance Brokers Breaking News - The Adviser

2020 closed with new record mortgage activity

by Malavika Santhebennur • 2 Feb 2021

The year 2020 closed with a new record in home loan commitments, as government stimulus helped revive the pre-COVID... READ MORE

Loan Market appoints new head of learning and development

by Sarah Buckley • 2 Feb 2021

The aggregation group has hired a new head of learning and development to deliver a national training program for its... READ MORE

Brokerage rolls out new broker tech offerings

by Sarah Buckley • 2 Feb 2021

A broker group has launched two new tech tools to help brokers meet the growing demand for new home building. READ MORE

‘Clearly, there is a problem’: MFAA on turnarounds

by Annie Kane • 1 Feb 2021

The MFAA has said that it is engaging with lenders to address the “differential between the turnaround in the... READ MORE

Thom review set out 8 improvements for ASIC

by Annie Kane • 1 Feb 2021

The federal government has said that it expects ASIC to implement “as a priority” the eight recommendations of the... READ MORE

CBA to accelerate digital offering

by Sarah Buckley • 1 Feb 2021

The major bank has said that it aims to “be at the global forefront of the digital experience”, including for home... READ MORE

Major bank to acquire 86 400

by Annie Kane • 29 Jan 2021

National Australia Bank has announced that it has entered into an agreement to buy 86 400 to accelerate the growth of... READ MORE

Building and trade standout performer for Prospa

by reporter • 29 Jan 2021

The are “greenshoots” in the SME space, the business lender has revealed, with more than a quarter of new... READ MORE

Broking industry urged to get fit to raise funds for vulnerable girls...

by reporter • 29 Jan 2021

Mortgage and finance professionals are being called on to take part in a sponsored fitness challenge in March to... READ MORE

Why this broker prefers referrals for recruitment

by Malavika Santhebennur • 29 Jan 2021

A Perth-based broker has described the challenges he has faced in recruiting brokers into his brokerage, and the... READ MORE

Hot Property: The biggest property headlines from the week 25-29...

by Reporter • 29 Jan 2021

Here’s the weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week... READ MORE

COG profits spike amid asset finance surge

by Sarah Buckley • 28 Jan 2021

The asset finance group’s profits doubled to $10.1 million in H1FY21 as a result of strong activity in the asset... READ MORE

ACT scales housing scorecard after six years

by Malavika Santhebennur • 28 Jan 2021

The ACT has topped a housing market scorecard report for the first time since 2014, while Victoria has tumbled in the... READ MORE

ASIC to update ACL process following security breach

by Annie Kane • 27 Jan 2021

The financial services regulator is working on “alternative arrangements” for submitting credit licence... READ MORE

Lenders extend cashback offers

by Malavika Santhebennur • 27 Jan 2021

Several lenders and their subsidiaries have extended their cashback offers, while one lender has extended its LMI... READ MORE

N1 pivots to become SME lender

by Annie Kane • 27 Jan 2021

Diversified broking and non-bank lending group N1 Holdings has announced that it has transitioned its core business to... READ MORE

More retirees resuming downsizing plans

by Sarah Buckley • 27 Jan 2021

Retirees have resumed their plans to downsize due to “feeling more confident” as COVID eases, according to BT. READ MORE

Neolender CEO reveals broker plans

by Annie Kane • 25 Jan 2021

The co-founder and CEO of new mortgage lender WLTH has revealed his plans for distribution, which include the broker... READ MORE

Business loans to be included in CDR from 1 Nov

by Annie Kane • 25 Jan 2021

The ACCC has revealed examples of the types of business loans that could be included in the scope of the newly... READ MORE

Lenders’ turnaround times slowest in three years

by Sarah Buckley • 25 Jan 2021

The time it takes from loan submission to approval surpassed 25 days in the last three months of 2020, according to an... READ MORE

AFCA amends complaints rules following court case

by Annie Kane • 22 Jan 2021

The financial services ombudsman has changed its rules after the NSW Supreme Court found that it had acted against its... READ MORE

Half of home owners wary of bank refinance advice

by Sarah Buckley • 22 Jan 2021

One in two borrowers does not believe banks always have their best interests at heart or would advise them if they... READ MORE

Hot Property: The biggest property headlines from the week 18-22...

by Reporter • 22 Jan 2021