Mortgage and Finance Brokers Breaking News - The Adviser

Aggregator launches COVID-19 Action Plan calculator

by Annie Kane • 14 Apr 2020

AFG has released a new calculator that helps brokers explain to customers how repayment variations on their loans will... READ MORE

ING lowers commercial variable rates

by Hannah Dowling • 14 Apr 2020

The non-major has lowered commercial lending variable rates by 35 bps for existing customers only. READ MORE

JobKeeper package sails through Parliament

by Malavika Santhebennur • 14 Apr 2020

The federal government’s $130-billion support package aimed at helping employers retain their staff has passed the... READ MORE

Home loan volumes record pre-COVID slip

by Charbel Kadib • 9 Apr 2020

Both the value and number of new home loans declined ahead of the economic shock caused by the coronavirus outbreak,... READ MORE

ACCC expands SFSF administration

by Hannah Dowling • 9 Apr 2020

The ACCC has granted interim permissions for ASF members to jointly assist in the administration of the government’s... READ MORE

Gateway tightens lending conditions

by Reporter • 9 Apr 2020

The non-major lender has announced changes to its credit policy to reflect economic uncertainty from the coronavirus... READ MORE

86 400 secures $90m equity raise

by Hannah Dowling • 9 Apr 2020

Neobank 86 400 has announced that it has secured a $34-million series A capital raise, bringing its total figure for... READ MORE

Brokers should buckle down for the long haul: Choice

by Reporter • 8 Apr 2020

The aggregator has encouraged brokers to change their mindsets and prepare their businesses for “long-term... READ MORE

Non-bank appoints inaugural head of distribution

by Hannah Dowling • 8 Apr 2020

Non-bank lender Brighten Home Loans has announced the appointment of Natalie Sheehan to the newly created role of head... READ MORE

RBA leaves rates unchanged

by Malavika Santhebennur • 8 Apr 2020

The central bank has left the official cash rate unchanged at 0.25 per cent and has reiterated its stance on negative... READ MORE

How to build a ‘heart team’

by Hannah Dowling • 8 Apr 2020

The co-founder and board director of R U OK?, Graeme Cowan, reveals his top tips for running a resilient and... READ MORE

How non-bank lenders are pivoting amid COVID-19

by Annie Kane • 7 Apr 2020

As the coronavirus pandemic continues to disrupt the economy and impact funding lines, several non-bank lenders have... READ MORE

Neobank joins Buyers Choice lender panel

by Malavika Santhebennur • 7 Apr 2020

86 400 has signed an agreement with brokerage and sub-aggregator Buyers Choice to join its lender panel. READ MORE

MyState, Heritage tighten risk appetites

by Reporter • 7 Apr 2020

The non-majors have joined several lenders in revising their credit risk appetites in response to credit quality... READ MORE

MFAA launches broker mental health program

by Hannah Dowling • 7 Apr 2020

The broking association has launched a new virtual program to assist brokers in handling their own stress, as well as... READ MORE

ACCC delays decision on AFG-Connective merger

by Charbel Kadib • 6 Apr 2020

AFG has confirmed that the ACCC’s decision on its proposed $120-million merger with Connective has been delayed upon... READ MORE

PM demands banks to ‘come to the party’ on rental relief

by Hannah Dowling • 6 Apr 2020

Banks will need to play their part in providing loan repayment relief to landlords, as measures to offer tenants rental... READ MORE

Resimac signs digital VOI partnerships

by Malavika Santhebennur • 6 Apr 2020

The non-bank lender has announced two new solicitor partnerships so brokers can originate home loans without needing to... READ MORE

NAB receives 50,000 loan relief requests

by Malavika Santhebennur • 6 Apr 2020

The major bank has reported that it has received requests from more than 50,000 customers wanting access to its... READ MORE

Calls for BID introduction to be delayed

by Hannah Dowling • 3 Apr 2020

Industry heads have been “working tirelessly” to delay the introduction of the best interests duty obligations for... READ MORE

Royden D’Vaz joins Loan Market

by reporter • 3 Apr 2020

Former Bluestone executive Royden D’Vaz has joined Loan Market as its new state director for Western Australia. READ MORE

ABSF announces its first $250m investment

by Reporter • 3 Apr 2020

The federal government’s funds manager has revealed the recipient of its first $250-million tranche of investment to... READ MORE

COVID-19 business confidence survey launches