Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

Breaking News

Borrowers more satisfied with brokers
by Annie Kane • 31 Jan 2019
The vast majority of mortgage customers are more satisfied with their mortgage experience when they use a broker over a... READ MORE
Troy McLachlan

Non-bank appoints new GM

by Charbel Kadib • 31 Jan 2019
A non-bank lender has appointed its head of mortgage distribution as its new general manager. READ MORE
Heritage Bank

Banks buck trend and cut rates
by Charbel Kadib • 31 Jan 2019
Three non-major lenders have announced reductions to their mortgage rates of up to 32 basis points, despite... READ MORE
Office

Lender restructures third-party team
by Reporter • 31 Jan 2019
A Western Australia-based lender has announced changes to its business development team to strengthen its appeal to the... READ MORE

Prospa still ‘evaluating’ when to float
by Annie Kane • 31 Jan 2019
The SME lender has said that while it is well capitalised, it will “keep evaluating” timings regarding a potential... READ MORE
Aerial shot of properties

Major bank identifies growth suburbs
by Reporter • 31 Jan 2019
A big four bank has released its residential property report for the final quarter of 2018 and has identified a number... READ MORE
Mark Haron

Flat-fee would ‘hand power back to the big four’
by Reporter • 30 Jan 2019
The heads of an industry association and a major aggregator have renewed their opposition to a “flat-fee” model,... READ MORE

SME lender backs ‘invaluable’ brokers
by Annie Kane • 30 Jan 2019
Prospa has said brokers are “invaluable” to its business and SMEs, with its co-founder and co-CEO saying he would... READ MORE
S&P Global

Mortgage delinquencies drop despite rate rises
by Reporter • 30 Jan 2019
Arrears underlying Australia’s residential mortgages declined in November, despite mounting interest rate pressures. READ MORE
Paul Thomas

‘Front-book focus’ sparking demand for refinancing
by Reporter • 30 Jan 2019
Almost 30 per cent of borrowers are looking to refinance their mortgage in the coming year, with customers left “in... READ MORE
Kenneth Hayne

Royal commission report to be released on Monday
by Annie Kane • 29 Jan 2019
The final report from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services... READ MORE
Loan market

Loan Market adopts ‘whistleblower’ platform for brokers
by Charbel Kadib • 29 Jan 2019
The major brokerage has announced the introduction of a new whistleblower protection platform ahead of the federal... READ MORE
NAB

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
Mark Vilo

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
default image

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
AFG

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

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
Solar panel

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. READ MORE

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
Peter White FBAA

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
Josh Frydenberg

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
Auction signage

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
George Tsoukulas, BlueCherry Home Loans

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