Mortgage and Finance Brokers Breaking News - The Adviser

Clients need guidance on bank loan relief, says broker

by Malavika Santhebennur • 2 Apr 2020

With banks releasing various loan relief packages amid the coronavirus pandemic, a Western Australia-based Loan Market... READ MORE

Bank revises commissions policy

by Charbel Kadib • 1 Apr 2020

A lender has announced changes to its broker remuneration model. READ MORE

NextGen.Net launches digital document verification

by Hannah Dowling • 1 Apr 2020

The technology solutions provider has launched a new digital document verification service to enable loans to continue... READ MORE

Lenders sharpen focus on serviceability

by Reporter • 1 Apr 2020

A number of credit providers have revised their lending policies in response to growing economic uncertainty fuelled... READ MORE

Brokers encouraged to craft business continuity plan

by Reporter • 1 Apr 2020

The CEO of an aggregator has encouraged brokers to prepare their businesses for the economic threat posed by the... READ MORE

Banks inundated with SME loan deferral requests

by Annie Kane • 1 Apr 2020

Nearly 10 per cent of major banks’ business customers have contacted their bank for loan relief, with NAB receiving a... READ MORE

Record number of mortgage brokers writing commercial

by Annie Kane • 31 Mar 2020

The number of mortgage brokers writing commercial loans has hit a new high, with the value of commercial loans settled... READ MORE

Brokerage launches fundraiser for medical face masks

by Annie Kane • 31 Mar 2020

A Sydney-based brokerage that purchased and donated 30,000 medical-grade face masks to health professionals is now... READ MORE

NAB launches new SME offering

by Charbel Kadib • 31 Mar 2020

The major bank has announced the launch of a new funding facility for businesses affected by the coronavirus outbreak,... READ MORE

How COVID-19 is like the space race

by Grace Ormsby • 31 Mar 2020

The coronavirus pandemic and the associated economic turmoil draw an unlikely parallel with the space race, according... READ MORE

Banks expand loan relief policies

by Charbel Kadib • 30 Mar 2020

The banks have agreed to extend their loan relief policies to encapsulate a larger portion of borrowers affected by the... READ MORE

Further details of $15bn lending fund released

by Annie Kane • 30 Mar 2020

Key aspects of the government’s new $15-billion Structured Finance Support Fund for smaller lenders, including its... READ MORE

Neobank expands broker BDM team

by Annie Kane • 30 Mar 2020

86 400 has announced that it has appointed two new business development managers “to help build and grow [its]... READ MORE

Training support still priority for brokers amid COVID-19 crisis

by Reporter • 30 Mar 2020

Access to training support remains the key priority for mortgage brokers amid the “uncertain landscape” shaped by... READ MORE

Government to put businesses in ‘hibernation’

by Annie Kane • 27 Mar 2020

The Prime Minister has revealed that a third stimulus package is on its way, as the government looks to “hibernate”... READ MORE

Lenders come out in force to support brokers

by Annie Kane • 27 Mar 2020

An increasing number of lenders, including CBA, have voiced their support of the broker channel, committing to pay... READ MORE

Aggregator renews compliance push ahead of BID

by Hannah Dowling • 27 Mar 2020

Finsure has announced that it will be renewing its focus on compliance measures as the deadline for best interests duty... READ MORE

Early adoption of technology key in crisis

Leading broker reveals how he is working remotely

by Malavika Santhebennur • 27 Mar 2020

A South Australia-based broker explains how equipping his brokerage with technological tools well in advance of the... READ MORE

SMEs given resources to tackle COVID-19 stress

by Malavika Santhebennur • 27 Mar 2020

My Business Health, a web portal established by the ASBFEO for small-business owners, has created a dedicated section... READ MORE

More lenders confirm COVID-19 trail payments

by Annie Kane • 26 Mar 2020

The Westpac group, Auswide Bank and Adelaide Bank have confirmed that they will continue to pay trail to brokers whose... READ MORE

Former CBA specialist joins Loan Market

by Hannah Dowling • 26 Mar 2020

Loan Market has announced the appointment of Michael Zavelberg to the role of head of business improvement, in support... READ MORE

Auctions and open house inspections banned

by reporter • 25 Mar 2020

Prime Minister Scott Morrison has issued a crackdown on public auctions and open house inspections. READ MORE

Banks should partner with fintechs on SME loans: Lumi

by Annie Kane • 25 Mar 2020

Unsecured lender Lumi is calling on government and the banking community to partner with fintechs in a move to “avoid... READ MORE

AFCA to ‘modify’ approach to dispute resolution

by Charbel Kadib • 25 Mar 2020

AFCA will alter its approach to dispute resolution to reflect government and regulatory responses to the coronavirus... READ MORE