Mortgage and Finance Brokers Breaking News - The Adviser

Heritage completes real-time payments rollout

by Reporter • 8 Jul 2019

The community-owned bank is one of the latest to complete its rollout of instant payments via the New Payments... READ MORE

Australia’s leading brokers honoured at ABAs 2019

by Annie Kane • 5 Jul 2019

The leading players in the broking industry have been named at The Adviser’s Australian Broking Awards 2019. READ MORE

Brokers covered for financial abuse declaration: PI insurer

by Annie Kane • 5 Jul 2019

Specialist Finance Group has said the issue around financial abuse declarations has taken a “major step” forward... READ MORE

Mortgage rate cuts continue

by Reporter • 5 Jul 2019

Macquarie and Bankwest are among several more lenders to announce mortgage rate cuts in response to the Reserve... READ MORE

Lenders should be given verification priority: 86 400

by Charbel Kadib • 5 Jul 2019

Lenders should be able to rely on their own verification checks if a “discrepancy” is identified from the... READ MORE

Heartland secures $250m funding facility

by Reporter • 5 Jul 2019

Heartland Group Holdings has announced that it has further diversified its local funding base by securing a $250... READ MORE

AFG, Connective, Loan Market, Mortgage Choice

Aggregators call for new approaches to responsible lending

by Charbel Kadib • 4 Jul 2019

Broking groups have joined the industry associations in calling for greater clarity around responsible lending... READ MORE

Non-majors begin releasing rate cut decisions

by Annie Kane • 4 Jul 2019

ING, Suncorp and ME have announced their rate changes following the RBA meeting, but have not passed the full reduction... READ MORE

Credit crackdown to offset boost from rate cuts

by Reporter • 4 Jul 2019

“Highly restrictive” conditions in the lending landscape remain the “overriding issue” inhibiting access to... READ MORE

Resimac acquires stake in Positive Group

by Annie Kane • 3 Jul 2019

Non-bank mortgage lender Resimac Group Ltd has acquired a $3-million stake in SA-based financial services fintech... READ MORE

Broking industry tentatively welcomes rate cut

by Annie Kane • 3 Jul 2019

Several representatives from the mortgage broking industry have welcomed the central bank’s decision to further... READ MORE

Lenders respond to RBA move with mortgage rate cuts

by Charbel Kadib • 3 Jul 2019

The mortgage market has responded to the Reserve Bank’s second consecutive cut to the official cash rate, with... READ MORE

Westpac group updates fixed rate prepayment threshold

by Reporter • 3 Jul 2019

Westpac and its subsidiaries will increase the fixed rate prepayment threshold by $20,000 from next month. READ MORE

Cash rate slashed to new low

by Charbel Kadib • 2 Jul 2019

The Reserve Bank has cut the official cash rate for the second month in a row, with focus now shifting to the response... READ MORE

Associations call for ‘clarity’ on expense verification

by Charbel Kadib • 2 Jul 2019

The MFAA and the FBAA have called on ASIC to provide the mortgage industry with greater guidance surrounding expense... READ MORE

Brokers expect at least one more RBA rate cut

by Reporter • 2 Jul 2019

A new survey of brokers has revealed a unanimous view that the Reserve Bank will cut the official cash rate at least... READ MORE

Newly appointed lender CEO affirms broker support

by Annie Kane • 2 Jul 2019

The new CEO of Newcastle Permanent, Bernadette Inglis, has officially commenced in her new role and outlined her... READ MORE

Revised pensioner loans scheme comes into effect

by Reporter • 2 Jul 2019

The revised Pension Loans Scheme, intended to provide an income boost to a greater number of retirees, is now in... READ MORE

Big four diverge in mortgage market

by Charbel Kadib • 1 Jul 2019

The major banks have reported mixed results in the home lending space, with one lender slipping deeper into negative... READ MORE

Value of brokers showcased in new TV series

by Annie Kane • 1 Jul 2019

The valuable role that mortgage brokers play in helping consumers save for and secure a mortgage has been highlighted... READ MORE

Wealth and mortgage debt both edge higher

by Tas Bindi • 1 Jul 2019

Household wealth edged higher in the March quarter, but declining house prices meant mortgage debt also creeped up,... READ MORE

BOQ slashes fixed rates to new lows

by Reporter • 1 Jul 2019

The non-major has announced rate reductions across its fixed home loan offerings ahead of the Reserve Bank’s next... READ MORE

Banking code obligations could ‘bankrupt’ brokers

by Charbel Kadib • 28 Jun 2019

Broking industry stakeholders have come out in force to oppose “unfair” credit policy changes introduced as part of... READ MORE

ASIC to host new set of public hearings