Mortgage and Finance Brokers Breaking News - The Adviser

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 ABS. 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

by Charbel Kadib • 17 Jan 2019

FBAA managing director Peter White has hit out at an “ill-informed” campaign by consumer group CHOICE, which has... READ MORE

Broker market share hits record high

by Charbel Kadib • 16 Jan 2019

Borrowers are increasingly opting to secure finance through the broker channel, with new statistics reporting a sharp... READ MORE

Major brokerage appoints new MD

by Annie Kane • 16 Jan 2019

The Australian Lending & Investment Centre has appointed the Bank of Melbourne’s former regional executive for... READ MORE

anz bank people walking anz purchase 40m stake brokerage

ANZ purchases $40m stake in brokerage

by Charbel Kadib • 16 Jan 2019

The major bank has purchased a minority stake reportedly worth $40 million in a national mortgage brokerage. READ MORE

RC won’t curtail industry ‘prosperity’

by Reporter • 16 Jan 2019

A Western Australia-based broker is confident that the broking industry will overcome any potential obstacles presented... READ MORE

adam croucher cba appoint head of third party banking commonwealth bank

CBA appoints new head of third party

by Annie Kane • 15 Jan 2019

The major bank has officially appointed a new general manager of third party banking, effective immediately. READ MORE

Bank announces 20bps rate rise

by Charbel Kadib • 15 Jan 2019

The second wave of out-of-cycle mortgage rate hikes has continued, with another lender announcing increases of up to 20... READ MORE

RBA rate cut expected amid funding gap ‘blow out’