Mortgage and Finance Brokers Breaking News - The Adviser

ANZ falls from grace in broker space

by Charbel Kadib • 13 Jul 2020

A considerable decline in the major bank’s favourability among brokers has coincided with a continued blowout in the... READ MORE

Business Accelerator Program 2020 launches

by reporter • 13 Jul 2020

Registrations are now open for The Adviser’s third annual Business Accelerator Program, which is taking place this... READ MORE

Bank ceases lending to expats

by Reporter • 13 Jul 2020

A non-major lender has announced that it would no longer process home loan applications for Australians living... READ MORE

Connective launches broker education series

by Malavika Santhebennur • 13 Jul 2020

Connective has launched an education series for brokers to help vulnerable clients, particularly women, navigate... READ MORE

Mortgage approvals take record hit

by Charbel Kadib • 10 Jul 2020

The full impact of the COVID-19 crisis has been reflected in the latest home loan approval data, with sharp falls in... READ MORE

Non-bank enhances broker tech functions

by Annie Kane • 10 Jul 2020

La Trobe Financial has appointed a new GM to head up origination channels and rolled out upgrades and enhancements to... READ MORE

Half of brokers report decreased revenue

by Annie Kane • 10 Jul 2020

New research shows that more than half of all small businesses have seen revenue decrease during the pandemic, with 51... READ MORE

Hot Property: The biggest property headlines from the week 6-10 July...

by Malavika Santhebennur • 10 Jul 2020

The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 10... READ MORE

Remote client engagement the new normal in broking

by Annie Kane • 9 Jul 2020

Ninety-seven per cent of brokers who have made significant changes to their client offering during lockdown expect to... READ MORE

Digital mortgage provider sees growth during COVID-19

by Annie Kane • 9 Jul 2020

Neobank 86 400 has reported rapid growth in its digital mortgage offering during COVID-19, citing an uptick in broker... READ MORE

COVID expanding PD opportunities for brokers

by Reporter • 9 Jul 2020

Brokers are increasingly embracing new opportunities for professional development and training that have emerged off... READ MORE

Banks to extend loan repayment holidays

by Charbel Kadib • 9 Jul 2020

Borrowers will be “breathing a sigh of relief” after the banking sector announced it would extend loan deferral... READ MORE

ANZ, CBA win half of AFG broker lodgements

by Charbel Kadib • 8 Jul 2020

The two major banks processed half of all home loans lodgements originated by brokers over the past quarter, new AFG... READ MORE

Stagnant cash rate shouldn’t deter borrowers: Aggregator heads

by reporter • 8 Jul 2020

While the official cash rate remains on hold, aggregator heads are flagging that mortgage-holders should be seeking... READ MORE

AFCA broker complaints drop in the ocean

by Malavika Santhebennur • 8 Jul 2020

The number of complaints made to AFCA against all brokers have remained insignificant, despite AFCA receiving... READ MORE

RBA stance unchanged despite looming ‘shock’

by Charbel Kadib • 7 Jul 2020

The Reserve Bank’s monetary policy remains unchanged despite growing fears of a “serious shock” to the economy... READ MORE

Major bank overhauls guarantor policy

by Charbel Kadib • 7 Jul 2020

A big four bank has broadened the list of acceptable family members and loan purposes under its guarantee policy for... READ MORE

Borrowers fail to cash in on lower rates

by Malavika Santhebennur • 7 Jul 2020

More than half of all mortgage-holders believe that the interest rate on their home loans could be lower, but are... READ MORE

Nearly a third of Millennials expect to buy property soon

by Annie Kane • 7 Jul 2020

A third of Millennials and a quarter of all Australians expect to buy a property in the next two years, with many... READ MORE

YBR appoints new CFO

by Reporter • 7 Jul 2020

The financial services group has announced the appointment of a new chief financial officer. READ MORE

Approval lags, credit crunch chief pain points among brokers

by Charbel Kadib • 6 Jul 2020

Lags in the loan application process and credit policy tightening from lenders have been cited as the key concerns... READ MORE

Committee’s rejection of Hayne ban ‘validates’ rem model

by Reporter • 6 Jul 2020

Support for the current broker remuneration model from the chair of the House of Representatives’ standing committee... READ MORE

Vero Insurance announces SME recovery grant

by Malavika Santhebennur • 6 Jul 2020

Vero Insurance has announced a $250,000 business recovery grant to assist SME customers affected by COVID-19, with... READ MORE

Lender lowers debt-to-income threshold