Breaking News
Non-bank confirms launch of new non-resident mortgage
by • 24 Nov 2017
After listening to feedback from brokers, a national mortgage manager has revealed that it will soon launch a new...READ MORE
Liberty buys stake in major third-party player
by • 24 Nov 2017
Non-bank lender Liberty Financial has made a significant investment in a major mortgage protection insurance provider... READ MORE
Finance workers more prone to mental illness, says expert
by • 23 Nov 2017
A leading figure in mental health issues in the workplace has revealed some alarming numbers about the levels of... READ MORE
Better Business Summit confirms celebrity speaker
by • 23 Nov 2017
The agenda for the Better Business Summit 2018 has been announced, with brokers set to hear from a host of speakers,... READ MORE
Borrowers living ‘pay cheque to pay cheque’, warns brokerage
by Staff reporter • 22 Nov 2017
New research from a major mortgage brokerage has found that more than 40 per cent of Australians don’t have enough... READ MORE
Customer service still crucial for most Aussies
by • 22 Nov 2017
A finder.com.au survey of 2,005 Australians has found that 57 per cent of the respondents would be “turned off” by... READ MORE
Pepper takeover deal becomes effective
by • 22 Nov 2017
The Federal Court of Australia has approved the scheme implementation deed for Red Hot Australia Bidco Pty Ltd to... READ MORE
APRA calls for renewed focus on ‘realistic living expenses’
by • 22 Nov 2017
The chairman of the prudential regulator has called on the finance industry to “devote more effort to the collection... READ MORE
Borrowers want to interact with people, says fintech CEO
by • 22 Nov 2017
The CEO of online mortgage broker uno Home Loans has said that the company is looking to hire more home loan... READ MORE
AMP introduces additional expense requirements
by • 21 Nov 2017
Mortgagors will soon be required to provide brokers with supporting documentation about their living expenses when... READ MORE
Aussie lenders make Fintech 100 list
by • 21 Nov 2017
Ten Australian companies have been listed in KPMG’s Fintech 100 list, which identifies the top 50 fintech firms... READ MORE
Loan Market broker’s death ruled ‘accidental’
by • 21 Nov 2017
The WA coroner has ruled that the incident involving Damien Mark Mills, a Loan Market broker who drowned in 2014... READ MORE
Broker share to reach 60% by 2020, says Aussie
by • 20 Nov 2017
The chief executive officer of Aussie Home Loans, James Symond, has said that he expects broker market share to soar... READ MORE
Tasmanian lender cuts ties with S&P
by • 20 Nov 2017
MyState Bank has broken ties with Standard and Poor’s following the latest credit rating issued by the market... READ MORE
Broker market share reaches ‘record’ high
by • 20 Nov 2017
Brokers settled 55.7 per cent of all residential mortgages in the September 2017 quarter, new industry data has... READ MORE
Brokers ‘can’t accept paperwork at face value’, warns aggregator
by • 20 Nov 2017
The general counsel for a major aggregator has warned that brokers need to be “drilling down” on paperwork, as the... READ MORE
Regional bank becomes 22nd lender on Aussie panel
by • 17 Nov 2017
Toowoomba-based lender Heritage Bank has become the 22nd member of Aussie’s lender panel, and the third member to... READ MORE
Broking industry asked to take survey on value proposition
by • 17 Nov 2017
Brokers, aggregators and those affiliated with the broker channel are being asked to respond to a survey that aims to... READ MORE
Major bank fires staff over ‘incorrect’ home loan applications
by • 16 Nov 2017
NAB has announced that it has fired 20 bankers in NSW and Vic, disciplined 32 people and begun remediation for... READ MORE
Arrears drop for second month in a row
by • 16 Nov 2017
Mortgage arrears for prime residential mortgage-backed securities have fallen, according to data from S&P Global... READ MORE
Brokers believe mortgagors should get help in native tongue
by Staff reporter • 16 Nov 2017
Nearly 80 per cent of brokers believe that borrowers who are not fluent in English should get help with their home loan... READ MORE
Economic outlook an ‘encouraging’ sign for brokers
by • 16 Nov 2017
New economic data has revealed that Australians believe business conditions have improved, which the Finance Brokers... READ MORE
Marriage debate highlights LGBTQI financial needs
by • 16 Nov 2017
Following on from the marriage law postal survey results, a subsidiary of a major bank has highlighted the need to... READ MORE
Temenos clarifies ‘non-R&O compliant’ statement
by • 16 Nov 2017
Banking software provider Temenos has released a statement clarifying that its eLodge+ platform is “100 per cent... READ MORE
NAB campaign streamlines broker tools
by • 15 Nov 2017
National Australia Bank has launched a new campaign that aims to “empower” brokers with a streamlined loan... READ MORE
Advantedge relaunches white label home loans
by • 15 Nov 2017
Advantedge Financial Services has relaunched its white label home loans, which are now being made available through... READ MORE
‘Predatory loans’: Central bank slams P2P lending
by • 15 Nov 2017
Peer-to-peer lending platforms in the US have been likened to the subprime mortgages that triggered the global... READ MORE
Major aggregator issues fraud warning to brokers
by • 14 Nov 2017
One of the industry’s largest aggregators has said that brokers are “on the front line” of preventing mortgage... READ MORE
AMP reveals changes to loan rules
by • 14 Nov 2017
The challenger bank has announced that it will be making changes to the way it processes and reports loans so that they... READ MORE
‘End of an era’ for Homeloans Ltd
by • 14 Nov 2017
The co-founder of non-bank mortgage provider Homeloans Ltd, Robert Salmon, has retired from the board, 32 years after... READ MORE

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