Mortgage and Finance Brokers Breaking News - The Adviser

Banks urged to cut interest rates

by Reporter • 17 Apr 2019

The Finance Brokers Association of Australia has welcomed moves by several major banks to reduce fixed interest rates,... READ MORE

Refinancers saving thousands on mortgage repayments

by Reporter • 17 Apr 2019

Borrowers who have opted to refinance are saving an average of 66 basis points on their home loan interest rate,... READ MORE

Brokers helping SME clients a ‘win-win’

by Annie Kane • 16 Apr 2019

The CEO of SME lender OnDeck has encouraged brokers to embrace fintechs and diversify into SME lending, as new research... READ MORE

Brokers will be ‘critical strategic partner’ for new bank

by Annie Kane • 16 Apr 2019

SME lender Judo Capital has said that brokers will continue to be a “critical strategic partner” once it officially... READ MORE

Submissions open for Australian Broking Awards 2019

by The Adviser • 16 Apr 2019

Submissions are now open for the 2019 Australian Broking Awards, the prestigious annual event that highlights the... READ MORE

Mortgage brokers urged to ride the ‘energy wave’

by Reporter • 16 Apr 2019

There is an “enormous opportunity” for mortgage brokers to expand into the energy sector, according to an asset... READ MORE

Neo-lender banks on brokers with new partnership

by Charbel Kadib • 15 Apr 2019

A new entrant in the lending space has partnered with a mortgage aggregator to secure a national distribution network... READ MORE

APRA to take on new responsibilities

by Eliot Hastie • 15 Apr 2019

APRA is ready to take on new responsibilities and adopt a broader focus in their activities, according to an... READ MORE

YBR makes progress on $300m securitisation initiative

by Charbel Kadib • 15 Apr 2019

The third-party mortgage and advice business is one step closer to securing a $300 million RMBS warehouse facility... READ MORE

Former REA Group executive joins FlexiGroup

by Reporter • 15 Apr 2019

FlexiGroup has appointed a former media executive at REA Group to the position of chief revenue officer. READ MORE

ASBFEO calls on brokers to help SMEs

by Annie Kane • 12 Apr 2019

The small business ombudsman has highlighted the need for brokers to help SMEs accessing finance, noting that it could... READ MORE

Former ASIC chair condemns broker commission ban

by Reporter • 12 Apr 2019

A senior official at the OECD is the latest to denounce commissioner Hayne’s recommendation to abolish lender-paid... READ MORE

BOQ’s sharp mortgage slump offset by broker growth

by Charbel Kadib • 12 Apr 2019

Growth in home loan settlements via the broker channel has softened the blow of the non-major's negative mortgage... READ MORE

MFAA code of practice gains interim authorisation

by Ezekiel MacNevin • 12 Apr 2019

The MFAA has recently been granted interim authorisation to enforce its Code of Practice as it awaits “final... READ MORE

In Memoriam: Don Martyn, 1955-2019

by Annie Kane • 11 Apr 2019

Don Martyn, a long-serving broker and keen sailor, has passed away at the age of 64 following a heart attack. READ MORE

CBA pays additional compensation for advice failings

by Reporter • 11 Apr 2019

ASIC has released its final report on the major bank’s compliance with financial advice licence conditions,... READ MORE

CoreLogic launches mortgage portfolio analytics tool

by Reporter • 11 Apr 2019

The property data and analytics provider has announced the launch of a new tool designed to help lenders identify... READ MORE

Brokers of the future will offer ‘whole home’ experience

by Annie Kane • 10 Apr 2019

The banks and brokers “of the future” will deliver a “whole home” experience for customers, from mortgages to... READ MORE

Bendigo drops variable home loan rates

by Reporter • 10 Apr 2019

The non-major lender has reduced owner-occupied home loan rates by up to 20 basis points on two of its mortgage... READ MORE

Two-fifths forgo home ownership to maintain appearances

by Ezekiel MacNevin • 10 Apr 2019

More than a third of Australians are reportedly choosing to “forgo buying their own home in order to keep up... READ MORE

ASIC releases update on enforcement of financial misconduct

by Reporter • 10 Apr 2019

The corporate regulator has published an update of its enforcement work, which include its enforcement of misconduct... READ MORE

Senator ‘yet to be convinced’ of trail utility

by Charbel Kadib • 9 Apr 2019

Another Senate crossbencher has weighed in on proposed changes to broker remuneration, questioning the validity of... READ MORE

Prospa launches new line of credit facility

by Annie Kane • 9 Apr 2019

Following broker feedback, the small business lender has developed a new line of credit facility for SMEs. READ MORE

Macquarie appoints new head of broker

by Charbel Kadib • 8 Apr 2019

The non-major lender has announced changes to its third-party team, including the appointment of a new head of broker... READ MORE