Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

Fixed rate demand jumps as variable rates rise

by Charbel Kadib • 29 Jan 2019

A rise in demand for fixed rate home loans has coincided with out-of-cycle variable rate hikes from lenders,with NAB...READ MORE

Non-major focused on improving broker interactions

by Ezekiel MacNevin • 29 Jan 2019

Suncorp has told brokers it is “absolutely committed” to becoming easier to do business with and improving broker... READ MORE

Top tips for new brokers

by Reporter • 29 Jan 2019

A Newcastle-based mortgage broker has offered tips for new and aspiring brokers looking to thrive in the mortgage... READ MORE

Brokers send record volume of loans to non-majors

by Annie Kane • 25 Jan 2019

Brokers are increasingly turning away from the major banks, new aggregator data shows, with a record proportion of... READ MORE

Lenders ‘poaching’ refinancers as competition intensifies

by Charbel Kadib • 25 Jan 2019

Refinancing applications are set to continue rising, with lenders increasingly targeting existing clients from... READ MORE

Sydney downturn ‘sharpest in over two decades’

by Charbel Kadib • 25 Jan 2019

House prices in Sydney have slumped 11.4 per cent since their peak, according to a Domain analysis, with a “deeper”... READ MORE

Asset finance group expands into energy finance

by Annie Kane • 25 Jan 2019

Platform Finance has announced the launch of a new specialist energy division for commercial transactions.

RC report release will ‘take into account’ market sensitivity

by Annie Kane • 24 Jan 2019

The final report from the financial services royal commission could be released later than expected, after Treasurer... READ MORE

Call for cool heads as RC report looms

by Charbel Kadib • 24 Jan 2019

Brokers have been urged to remain calm following the release of the financial services royal commission’s final... READ MORE

Challenger banks look to ‘a new era in banking’

by Annie Kane • 24 Jan 2019

Following the news that Volt Bank has become the first Australian bank to transition from a restricted licence to a... READ MORE

FHBs would ‘bear the brunt’ of housing reforms

by Reporter • 24 Jan 2019

The federal Labor opposition’s proposed changes to negative gearing would lock first home buyers out of new homes,... READ MORE

New bank to roll out mortgages through broker channel

by Annie Kane • 23 Jan 2019

Volt Bank has been granted a full banking licence from the prudential regulator and will begin rolling out home loans... READ MORE

Complex credit space heightening broker favourability

by Charbel Kadib • 23 Jan 2019

Record-breaking growth in broker market share has been driven by a renewed appreciation of the services offered by... READ MORE

FBAA head to lead charity on relief mission

by Charbel Kadib • 23 Jan 2019

Managing director of the FBAA Peter White is on a mission to provide parents and carers of special needs children... READ MORE

Loan approvals fall across the board

by Reporter • 23 Jan 2019

Finance approvals have dropped across all segments of the lending environment, according to new data from the... READ MORE

Will common sense prevail in Hayne’s final report?

by James Mitchell • 22 Jan 2019

OPINION: As industry professionals return to work, many will be reflecting on a tumultuous 2018 and asking themselves... READ MORE

Lender cuts buffer rate but tightens expense checks

by Charbel Kadib • 22 Jan 2019

A West Australia-based lender has announced changes to its home loan assessment policy following a review of its credit... READ MORE

Financial stress affecting 2 in 5 employees

by Charbel Kadib • 22 Jan 2019

Approximately 40 per cent of Australian employees are experiencing financial stress, costing businesses an estimated... READ MORE

Bank partners with Simpology to boost application process

by Reporter • 22 Jan 2019

A non-major lender has announced its partnership with software provider Simpology, with the aim of improving its loan... READ MORE

Turnaround times on the up, notes broker

by Annie Kane • 21 Jan 2019

The major banks, and particularly CBA, appear to be making more “intelligent decisions” around mortgages and... READ MORE

Lender announces changes to loan approval process

by Reporter • 21 Jan 2019

A non-major lender has tightened its loan application process, requiring a more detailed assessment of a borrower’s... READ MORE

Borrower Experience Survey results to be revealed

by Annie Kane • 21 Jan 2019

The findings of The Consumer Access to Mortgages Report - a white paper commissioned by The Adviser - are to be... READ MORE

Property price fall could exceed 20%: AMP

by Reporter • 21 Jan 2019

The decline in home values across Sydney and Melbourne could be more severe than first anticipated, placing further... READ MORE

scott mcwilliam sole ceo resimac leadership structure

Resimac announces new leadership structure

by Annie Kane • 18 Jan 2019

The non-bank lender has announced that its long-serving joint CEO, Mary Ploughman, will leave the company after 16... READ MORE

Connective ‘not surprised’ by market share growth

by Reporter • 18 Jan 2019

Connective’s director, Mark Haron, has joined fellow industry leaders in welcoming new data revealing a sharp growth... READ MORE

Non-bank lender re-enters broker space

by Annie Kane • 18 Jan 2019

A non-bank lender has re-entered into the broker space after a 10-year hiatus, expecting to fully launch by the end of... READ MORE

FHB market share rises to six-year high

by Reporter • 18 Jan 2019

First home buyers have continued their surge into the home loan space, with their market share increasing to its... READ MORE

Market share growth testament to broker value

by Charbel Kadib • 17 Jan 2019

The third-party industry has reacted to the news that broker market share has risen to 59.1 per cent, noting that... READ MORE

SME lender eyes growth following $135m credit line

by Annie Kane • 17 Jan 2019

Capify has announced that it has secured a $135 million credit facility from Goldman Sachs to help support its growth... READ MORE

FBAA slams campaign to end commissions