Advertisement
Powered by MOMENTUM MEDIA
lawyers weekly logo

Breaking News

Resimac tightens LVR policy

by • 21 Dec 2018
The non-bank has introduced restrictions on the maximum loan-to-value ratio required for loans secured by an apartment...READ MORE

NSW drives national rise in mortgage arrears

by • 21 Dec 2018
Delinquencies increased in October across every state except Tasmania, with the largest rise reported in NSW, the... READ MORE

Bank to implement broker commission changes

by Charbel Kadib • 20 Dec 2018
A non-major lender has announced that it will change the way it remunerates mortgage brokers as it looks to strengthen... READ MORE

Revealed! The finalists for the Better Business Awards 2019

by • 20 Dec 2018
The Adviser is pleased to reveal the leading mortgage professionals that have been shortlisted as finalists for the... READ MORE

Industry welcomes removal of interest-only cap

by • 20 Dec 2018
The mortgage broking industry has welcomed the news that the prudential regulator is to remove its benchmark for... READ MORE

Non-major warns brokers over ‘sophisticated’ loan fraud

by • 20 Dec 2018
The leasing arm of a non-major lender has sent brokers an update on how to identify loan fraud given that it is... READ MORE

APRA to remove IO benchmark

by Annie Kane • 19 Dec 2018
The prudential regulator has announced that it will remove its benchmark on interest-only residential mortgage... READ MORE

Newly licensed bank committed to ‘integral’ broker channel

by Annie Kane • 19 Dec 2018
The third-party channel will be “integral” to a newly licensed bank’s growth ambitions in the home loan market,... READ MORE

Why clients need solutions-based brokers

by • 19 Dec 2018
The current lending environment is an opportunity for the third-party channel and “solutions-based brokers”, the... READ MORE

Brokerage to focus on mortgage process automation

by • 19 Dec 2018
Mortgage Choice has welcomed the roll-out of its new cloud-based broker platform, adding that it will focus next on... READ MORE

Non-major confirms broker remuneration changes

by Annie Kane • 18 Dec 2018
Bank of Queensland has become the latest lender to announce changes to the way it remunerates mortgage brokers,... READ MORE

Improved transparency and oversight will reduce fraud: FBAA

by • 18 Dec 2018
Trust in loan documentation and transparency in the loan approval process is key to reducing mortgage loan fraud, the... READ MORE

Major bank sheds light on new broker segmentation model

by • 18 Dec 2018
The new tiered broker model to be introduced by a big four bank will be “quality-based” rather than... READ MORE

ANZ commits to broker channel

by • 18 Dec 2018
The big four bank has thanked brokers for their continued support and reiterated its commitment to the third-party... READ MORE

NAB CEO to take extended leave

by • 18 Dec 2018
NAB CEO Andrew Thorburn has revealed that he will be taking time off to “reflect and recharge” following a... READ MORE

Broker briefs former PM Tony Abbott on broker value

by Annie Kane • 17 Dec 2018
The executive director of Smartmove has met with former prime minister and current member for Warringah, Tony Abbott,... READ MORE

Morningstar mulls impact of scrapping comms

by • 17 Dec 2018
A move to adopt a consumer-pays broker remuneration model would have a “major impact” on demand for brokers,... READ MORE

Lender looks to triple growth through broker channel

by • 17 Dec 2018
A marketplace lender has surpassed its target for loan origination through the broker channel, and is aiming to triple... READ MORE

Aggregator’s loan book hits $70bn

by • 17 Dec 2018
The total value of an aggregator’s loan portfolio has reached $70 billion, driven by a rise in loan settlements at... READ MORE

Brokerage CEO reveals ‘the most important thing a broker does’

by • 14 Dec 2018
Problem-solving and offering transparency and education around mortgages are some of the most important aspects of... READ MORE

Bank CEO urges RC to consider ACCC findings

by • 14 Dec 2018
The CEO of a non-major bank has called on the financial services royal commission to reflect on the findings of the... READ MORE

FBAA welcomes ASIC reduction of fees

by • 14 Dec 2018
The Finance Brokers Association of Australia has welcomed the news that ASIC has reduced the cost of acting as a... READ MORE

Non-bank tightens expense reporting obligations

by • 14 Dec 2018
A non-bank lender has announced changes to its credit policy, effective immediately for all new home loan... READ MORE

Major mortgage class action dropped

by • 13 Dec 2018
A class action lawsuit that was being planned on behalf of “Australian bank customers that have entered into mortgage... READ MORE

ACCC report highlights need to preserve broker model: AFG

by • 13 Dec 2018
It would be “unfathomable” for policymakers to consider regulatory change that would undermine the competitive... READ MORE

Last day to complete the Borrower Experience Survey

by • 13 Dec 2018
There are just 24 hours left to share and respond to The Adviser’s Borrower Experience Survey undertaken by Momentum... READ MORE

‘Welcome lift’ in loan approvals bucks downward trend

by • 13 Dec 2018
The October rise in home loan approvals could “signal a reversal” in the market, but tighter credit conditions are... READ MORE

ACCC report represents ‘opportunity’ for brokers

by Annie Kane • 12 Dec 2018
A new report into mortgage pricing has shown that a lack of transparency is stifling competition, with the heads of... READ MORE

New app to supplement brokers’ value

by • 12 Dec 2018
A fintech has announced the launch of a new financial health app for mortgage brokers to offer their clients under... READ MORE

Virgin Money changes broker remuneration

by Annie Kane • 11 Dec 2018
The non-bank lender has announced that it will update the way it calculates broker commissions from 1 January... READ MORE
magazine
Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Read more