Mortgage and Finance Brokers Breaking News - The Adviser

SME lender appoints new sales manager for WA/SA

by Annie Kane • 26 Feb 2020

Working capital lender Scottish Pacific has made a new senior appointment to service commercial finance brokers,... READ MORE

Financial adviser banned for BID breach

by Lachlan Maddock • 26 Feb 2020

ASIC has permanently banned a Queensland-based financial adviser and cancelled the AFSL of Financial Options Pty Ltd. READ MORE

ASIC applauded for BID guidance approach

by Annie Kane • 25 Feb 2020

Several members of industry have applauded the financial services regulator’s draft guidance on the incoming best... READ MORE

Heritage profits down despite loan, deposit growth

by Charbel Kadib • 25 Feb 2020

The customer-owned bank has recorded a 5 per cent decline in its profit after tax despite growth in both loan approvals... READ MORE

YBR signs $120m RMBS deal

by Charbel Kadib • 25 Feb 2020

The financial services group has agreed terms with an Australian bank for a $120-million residential mortgage-backed... READ MORE

Broker calls for finance industry to embrace CSR

by Hannah Dowling • 25 Feb 2020

The principal and founder of Astute Ability Finance Group, Mhairi MacLeod, has renewed her call for further adoption of... READ MORE

ASIC outlines record-keeping obligations for BID compliance

by Charbel Kadib • 24 Feb 2020

The corporate regulator has outlined the documentation it expects mortgage brokers to store as means to demonstrate... READ MORE

AFG profits up despite slip in volumes

by Charbel Kadib • 24 Feb 2020

The mortgage aggregator has reported a 10 per cent earnings increase, despite a $400-million decline in settlements... READ MORE

MyState to bank on FHBs as settlements slip

by Hannah Dowling • 24 Feb 2020

The Tasmania-based bank has reported a 15.4 per cent decrease in its loan settlements in the first half of the 2020... READ MORE

Brokers invited to assess lender performance in new survey

by Michael Johnson • 24 Feb 2020

A major survey of the lending space has launched, calling on brokers to assess the performance of Australia’s... READ MORE

Pepper unveils national brand campaign

by Staff Reporter • 24 Feb 2020

The non-bank lender has revealed a multimillion-dollar brand campaign in the form of a parody music video called... READ MORE

Brokers honoured at Better Business Awards WA

by Annie Kane • 21 Feb 2020

The leading brokers, BDMs and loan administrators from Western Australia have been honoured at the Better Business... READ MORE

Settlement spike brightens Mortgage Choice result

by Charbel Kadib • 21 Feb 2020

The broking franchise has reported a sharp slide in its underlying earnings, offset by strong home loan settlement... READ MORE

Brokers feeling ‘optimistic’ for 2020

by Hannah Dowling • 21 Feb 2020

The vast majority of brokers feel positively about the property market and the subsequent outcomes for their business... READ MORE

ASIC releases draft BID guidance

by Charbel Kadib • 20 Feb 2020

The corporate regulator has published its long-awaited guidance on the obligations of mortgage brokers under the newly... READ MORE

ANZ laments broker retreat, anticipates subdued growth

by Charbel Kadib • 20 Feb 2020

The big four bank is anticipating subdued settlement growth in the coming year, weighed down by weaker volumes via the... READ MORE

Macquarie revises serviceability measures

by Malavika Santhebennur • 20 Feb 2020

The non-major has announced that it is revising its maximum acceptable debt-to-income measure for high loan-to-value... READ MORE

Don’t be everything to everyone, urges broker

by Malavika Santhebennur • 20 Feb 2020

Stapleton Finance founder Gayle Stapleton has suggested that broker focus on a niche rather than trying to be all... READ MORE

More brokers join franchise in wake of BID

by Hannah Dowling • 20 Feb 2020

Several brokerages joined the Loan Market franchise in January, an influx the group has attributed to new legislation. READ MORE

Aussie to undergo major tech overhaul this year

by Annie Kane • 19 Feb 2020

The major brokerage has revealed that it is overhauling its broker and customer-facing tools this year, as it looks to... READ MORE

Brokers lose out to branches in FHB scheme

by Hannah Dowling • 19 Feb 2020

Brokers introduced just under 30 per cent of all loans in the government-backed First Home Loan Deposit Scheme,... READ MORE

Online lender appoints new NSW/ACT BDM

by Malavika Santhebennur • 19 Feb 2020

SME lender OnDeck Australia has appointed former Rugby Sevens captain and broker Nick Reily to the newly created role... READ MORE

Lender to consider ‘lifestyle changes’ in serviceability test

by Reporter • 19 Feb 2020

Demonstrable commitments from prospective borrowers to adjust their spending ahead of a home loan application will be... READ MORE

Brokers beef up Bendigo’s mortgage book

by Charbel Kadib • 18 Feb 2020

The non-major has released its half-year results, reporting above-system home lending growth, mostly driven by the... READ MORE