Mortgage and Finance Brokers Breaking News - The Adviser

How this broker writes family pledge loans

by Hannah Dowling • 17 Jul 2019

No-deposit home loans are on the rise, with parents increasingly looking to support their children on the home buying... READ MORE

Aussie urges ASIC to enshrine consumer obligations

by Charbel Kadib • 16 Jul 2019

Brokers who exercise due diligence should “in no way be liable” if they fail to detect misleading information... READ MORE

RBA reveals FHB deposit scheme calculations

by Annie Kane • 16 Jul 2019

The Reserve Bank of Australia has released internal emails that include analysis of the government’s new First Home... READ MORE

New lender joins Mortgage Choice’s panel

by Reporter • 16 Jul 2019

The franchise group has added a new lender to its panel as part of its ongoing strategy to provide its broker network... READ MORE

Interim GM commences role at Astute Ability

by Reporter • 16 Jul 2019

The new interim general manager of Astute Ability Finance Group, Michael Trencher, has commenced his role at the... READ MORE

Common approach agreed on financial abuse requirements

by Annie Kane • 15 Jul 2019

The banking and broking industries have agreed on a “common approach to identifying the signs of financial abuse in a... READ MORE

Bank of Sydney, Pepper Money, Heritage Bank

Lenders continue to cut rates

by Annie Kane • 15 Jul 2019

Bank of Sydney, Heritage Bank and Pepper Money have announced rate reductions following the RBA's July cash rate... READ MORE

ASIC cancels non-compliant credit licences

by Reporter • 15 Jul 2019

The corporate regulator has suspended and cancelled the credit licences of financial services businesses that have not... READ MORE

ASIC takes action against mortgage professionals

by Reporter • 15 Jul 2019

The corporate regulator revealed that it has cancelled two financial services licences, one due to the absence of... READ MORE

RBA flags ‘overhang effect’ of rising mortgage debt

by Charbel Kadib • 12 Jul 2019

New research from the Reserve Bank has highlighted the link between mortgage debt and household spending amid debate... READ MORE

Westpac cuts fixed rates by up to 70bps

by Reporter • 12 Jul 2019

The major bank has reduced fixed rates across its owner-occupied and investment home loan offerings. READ MORE

Credit demand to bounce following pre-election lull

by Reporter • 12 Jul 2019

Demand for housing finance has dripped to a 10-year low, but analysts are expecting the market to flip as the... READ MORE

YBR sells investment service as it focuses on mortgages

by Annie Kane • 12 Jul 2019

Yellow Brick Road has sold its stake in wealth investment service Smarter Money Investments as it continues its... READ MORE

Major bank suffers blow in broker space

by Charbel Kadib • 11 Jul 2019

A big four bank’s share of the third-party channel has dwindled over the past 12 months, with the lender experiencing... READ MORE

Brokers lodging fewer loans

by Annie Kane • 11 Jul 2019

Brokers lodged 17 per cent fewer loans between April and September last year, but the value of home loans settled has... READ MORE

FBAA launches app to improve admin efficiencies

by Charbel Kadib • 11 Jul 2019

The industry association has unveiled a new web application designed to “revolutionise” the way in which brokers... READ MORE

ANZ slashes fixed rates

by Reporter • 11 Jul 2019

The major bank has reduced rates across its fixed home loan offerings by up to 57bps. READ MORE

FHBs help non-majors hit record high in broker space

by Charbel Kadib • 10 Jul 2019

The number of broker-originated loans lodged with non-major lenders has increased to a record high, partly driven by a... READ MORE

Commercial loans settled by brokers rises to new high

by Annie Kane • 10 Jul 2019

The value of commercial loans settled by brokers in a six-month period exceeded $9 billion in the April-to-September... READ MORE

ASIC to use new powers against short-term lenders

by Tas Bindi • 10 Jul 2019

Australia’s corporate watchdog has announced its plans to wield its new product intervention powers to address... READ MORE

How to build a leading broking business

by Reporter • 10 Jul 2019

Digital marketing profit strategist Greg Cassar, HR specialist Roland Youakim and technology specialist Andrew Duerden... READ MORE

MFAA backs ‘entirely appropriate’ APRA reforms

by Charbel Kadib • 9 Jul 2019

The association has expressed its support for the prudential regulator’s changes to home loan serviceability... READ MORE

Non-majors lower mortgage rates

by Reporter • 9 Jul 2019

AMP Bank and Bendigo Bank are among the latest lenders to reduce their home loan rates following the Reserve Bank’s... READ MORE

Industry ‘close’ to finalising financial abuse statement

by Annie Kane • 9 Jul 2019

The mortgage broking industry is reportedly “close to finalising the wording of a broker statement around... READ MORE