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Referral relationships key amid COVID-19: Tom Panos
by Emma Ryan • 27 Apr 2020
Real estate and mortgage broking sales trainer Tom Panos has shed light on the importance of agents and brokers working... READ MORE
Tzuri Avila

Mortgage Choice executive becomes franchisee
by Hannah Dowling • 27 Apr 2020
The aggregator has announced that its national franchise recruitment and development manager has stepped down from his... READ MORE
Bankwest

Bankwest digitises verification process
by Reporter • 27 Apr 2020
The lender has launched a new digital verification tool for brokers in response to social distancing measures aimed at... READ MORE

Majors to prioritise SME bridging finance needs
by Annie Kane • 24 Apr 2020
The major banks have agreed to set up a special hotline to give priority to businesses looking for bridging finance... READ MORE
Brokers urged to ramp up borrower probes

Brokers urged to ramp up borrower probes
by Charbel Kadib • 24 Apr 2020
A non-bank lender has called on its broker partners to “ask additional questions” to their clients amid the... READ MORE

Borrower risks flagged amid refinancing rush
by Charbel Kadib • 24 Apr 2020
Brokers have been encouraged to warn clients about the long-term consequences of loan switching reductions amid a sharp... READ MORE

PM calls on banks to address finance lags
by Annie Kane • 23 Apr 2020
The Prime Minister has called on banks to “step up to the mark” and reduce the lags in processing and offering... READ MORE

Broker workloads increasing during COVID-19 pandemic
by Annie Kane • 23 Apr 2020
More than a third of brokers have seen their workload increase due to the coronavirus pandemic, but two-fifths have... READ MORE
Alexandra Kruger

SFG expands leadership team
by Hannah Dowling • 23 Apr 2020
The aggregation group has announced the introduction of a newly created senior management role focused on technology... READ MORE

FBAA partners with money transfer firm
by Reporter • 23 Apr 2020
The industry association has formed a new partnership with an international money transfer platform, aimed at providing... READ MORE
Gordon MacVicar

How this broker is educating clients during COVID-19
by Malavika Santhebennur • 23 Apr 2020
A Queensland-based broker explains how he and his team have been using social media to educate his clients about... READ MORE
Adam Brown

Advantedge appoints new GM
by Hannah Dowling • 22 Apr 2020
NAB-owned wholesale funder Advantedge Financial Services has announced the appointment of a new general manager,... READ MORE
survey

COVID-19 rocks broker sentiment: survey
by Malavika Santhebennur • 22 Apr 2020
The COVID-19 pandemic has had a major impact on mortgage brokers and their businesses, with many demanding more... READ MORE

NAB introduces mandatory VOI changes
by Hannah Dowling • 22 Apr 2020
The major bank has announced new, compulsory measures for brokers to meet identity verification requirements during the... READ MORE
Westpac

Westpac amends loan approval process
by Reporter • 22 Apr 2020
The major bank has introduced a number of changes to its home loan settlement process, which includes the introduction... READ MORE
NAB

NAB clamps down on serviceability
by Charbel Kadib • 21 Apr 2020
The major bank has introduced new requirements for serviceability assessments in lieu of the current virus-induced... READ MORE
Kate Carnell AO

ASBFEO calls for new supply chain finance legislation
by Hannah Dowling • 21 Apr 2020
The small business ombudsman’s final report from the supply chain finance review has been released, calling on the... READ MORE

Bankwest updates credit policy, process and valuations
by reporter • 21 Apr 2020
Brokers will need to submit a new COVID-19 form for all new mortgage applications and applications in progress, as part... READ MORE
Loan Market

Loan Market signs JV with utility services firm
by Malavika Santhebennur • 21 Apr 2020
The major brokerage has embarked on a joint venture with utility connection company, Compare & Connect. READ MORE

CBA to move to minimum repayments next week
by Annie Kane • 20 Apr 2020
The big four bank will automatically move mortgage customers to minimum P&I repayments next week to provide... READ MORE
Westpac

Westpac gains broker business despite processing lags
by Charbel Kadib • 20 Apr 2020
The major bank and its subsidiaries have outpaced competitors in the broker channel despite higher than average... READ MORE
Teachers Mutual Bank

Bank expands membership criteria

by Charbel Kadib • 20 Apr 2020
A mutual bank has revised its constitution to broaden its membership criteria and allow a larger pool of borrowers to... READ MORE

Heritage launches new SME product
by Hannah Dowling • 20 Apr 2020
The non-major has revealed a new product following its inclusion in the government’s Coronavirus SME Guarantee... READ MORE
loan sizes bounce nationwide

Broker-originated loan sizes bounce nationwide
by Charbel Kadib • 17 Apr 2020
The average size of broker-originated loans increased across every state and territory in the March quarter, in line... READ MORE

FAST joins BID preparation calls
by reporter • 17 Apr 2020
FAST has joined the call for brokers to start preparing for the introduction of the best interests duty, ahead of its... READ MORE