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Financial services firms urged to improve ethical frameworks
by Tas Bindi • 31 Oct 2018
Financial services entities should assess the ethical frameworks underpinning their governance models, the Governance... READ MORE
CEO of Mortgage Choice Susan Mitchell

No trail should mean no clawbacks, says brokerage CEO
by Charbel Kadib • 30 Oct 2018
Commission clawbacks should be removed if regulators decide to ban trail commission, the CEO of a major brokerage has... READ MORE

Brokers well placed to advise upcoming ‘surge’ of FHBs
by Annie Kane • 30 Oct 2018
Mortgage brokers are well placed to help the upcoming “surge” of first home buyers make “better decisions” on... READ MORE
Man with red arrow falling down

FHBs an outlier amid lending slump
by Charbel Kadib • 30 Oct 2018
Lending volumes are in a “holding pattern”, with first home buyers the only borrower segment to report a rise over... READ MORE
Two brokers having a meeting

Mutual bank boosts focus on broker channel
by Reporter • 30 Oct 2018
Australian Unity has established a national third-party sales team and adopted technology to better service the broker... READ MORE
CBA Commonwealth Bank of Australia

‘Corporate cop’ commences policing of CBA
by Charbel Kadib • 29 Oct 2018
An ASIC officer has begun monitoring the Commonwealth Bank’s governance and compliance processes, with the regulator... READ MORE
Arrow down decline

Arrears drop but still ‘noticeably’ high
by Reporter • 29 Oct 2018
Home loan delinquencies fell in August but are 23 basis points higher than the monthly average, according to Standard... READ MORE
Search for applicants

Aussie searching for its first chief digital officer
by Reporter • 29 Oct 2018
The mortgage broking franchise is currently on the search for its first chief digital officer following a leadership... READ MORE

Bank announces new broker commission structure
by Annie Kane • 26 Oct 2018
Another large bank has announced that it will be changing broker remuneration “in line with Sedgwick... READ MORE
Hourglass

Final day to respond to the RC
by Annie Kane • 26 Oct 2018
Anyone planning to submit a response to the financial services royal commission’s interim report must do so by 5pm... READ MORE
Tight, caution wrap

Bank imposes tighter credit policy
by Reporter • 26 Oct 2018
A non-major lender has updated its lender policy, now requiring brokers to provide “all credit-critical... READ MORE
westpac building changing broker commission broker remuneration transparency

Another major bank changes broker commissions
by Charbel Kadib • 25 Oct 2018
Westpac Group has announced that it will introduce new changes to the way brokers are remunerated as part of a move to... READ MORE
appointment, handshake

Major brokerage appoints new CEO
by Charbel Kadib • 25 Oct 2018
A major mortgage brokerage has announced that it has appointed a new chief executive officer to help roll out the... READ MORE
Mortgage house

Challenger banks back ‘critical’ broker channel
by Annie Kane • 25 Oct 2018
Three neobanks have outlined that they will be working closely with the “critical” third-party channel to... READ MORE
Mark Bouris

YBR to diversify offering as it aims to fill market ‘gap’
by Charbel Kadib • 25 Oct 2018
The group’s executive chairman, Mark Bouris, has outlined plans to broaden Yellow Brick Road’s loan offering, after... READ MORE
Arrow down

Brokerage sees drop in mortgages to big four
by Reporter • 25 Oct 2018
The big four banks’ share of broker-originated home loans is declining, with borrowers increasingly looking to... READ MORE
Merge partnership

Homeloans and RESIMAC to consolidate
by Annie Kane • 24 Oct 2018
Non-bank lenders Homeloans Ltd and RESIMAC Ltd have announced that they are to consolidate into a single brand, subject... READ MORE
Handshake partnership

Mortgage Choice announces lender partnership
by Reporter • 24 Oct 2018
The broking franchise has announced the addition of a new lender to its panel, a move that would provide its network... READ MORE
Caution and warning signage

New ‘mortgage warning’ platform launches
by Reporter • 24 Oct 2018
A cloud-based analytics platform that can provide early warning signs of issues in the mortgage market has been... READ MORE
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Bank appoints new head of broker

by Charbel Kadib • 23 Oct 2018
Heritage Bank has appointed a new head of broker distribution, effective immediately. READ MORE

Australia’s ‘first’ blockchain lender sets sights on mortgages
by Annie Kane • 23 Oct 2018
Australia’s “first” mortgage blockchain lender, which is set to launch next year, is offering a crowdsourced... READ MORE
Shayne Elliott

Consultation on mortgages a ‘fundamental human need’: ANZ CEO
by Annie Kane • 23 Oct 2018
The chief executive officer of ANZ has said that the need to talk to a person about buying a home is a “fundamental... READ MORE
White cut out

White label loans gain popularity
by Reporter • 23 Oct 2018
Brokers and their customers have been endorsing white label home loan products, according to a new survey from... READ MORE
the adviser better business awards 2019 nominations now open

Nominations now open for Better Business Awards 2019
by Reporter • 23 Oct 2018
Nominations for The Adviser’s Better Business Awards 2019, made possible through the support of principal partner... READ MORE
commonwealth bank cba bankwest withdraw reverse mortgage market removal

CBA, Bankwest withdraw from reverse mortgage market
by Annie Kane • 22 Oct 2018
The last remaining major bank offering reverse mortgages and its subsidiary will withdraw their reverse mortgage... READ MORE