Mortgage and Finance Brokers Breaking News - The Adviser

Better Business Awards: Judges revealed

by Staff reporter • 2 Nov 2017

The Adviser reveals today the judging panel for the 2018 Better Business Awards and explains exactly how winners are... READ MORE

RBA rates to remain unchanged: RateCity

by Reporter • 2 Nov 2017

According to a RateCity forecast, the Reserve Bank of Australia will again refrain from making any changes to current... READ MORE

Industry innovators awarded for efficiency

by Reporter • 2 Nov 2017

Three Australian financial service providers have been recognised for their innovation at an awards ceremony hosted by... READ MORE

Kinghorn ‘has no involvement’ in strategy, says CEO

by James Mitchell • 2 Nov 2017

LJ Hooker Home Loans CEO Paul O’Regan has clarified the role that embattled RAMS founder John Kinghorn plays in the... READ MORE

Westpac bolsters responsible lending with ApplyOnline changes

by Staff reporter • 1 Nov 2017

The major bank has informed mortgage aggregators that brokers will soon need to provide additional details about why... READ MORE

Virgin Money cuts investor, IO rates and ups LVRs

by Staff reporter • 1 Nov 2017

The Bank of Queensland-owned lender has this week reduced its variable rates for both owner-occupiers and investors and... READ MORE

Broker calls for vigilance as clients grow ‘desperate’

by Reporter • 1 Nov 2017

Loan Market broker Lee Wisniewski has urged the industry to more carefully consider loan applications from an... READ MORE

ASIC to release second broker remuneration report

by Staff reporter • 31 Oct 2017

The corporate watchdog has confirmed that its surveillance of mortgage broker remuneration is not over, with a fresh... READ MORE

New home sales continue to drop

by Reporter • 31 Oct 2017

New home sales have continued to decline following the 2015 peak, according to the latest HIA New Home Sales Report. READ MORE

AFP charges RAMS founder with fraud

by James Mitchell • 31 Oct 2017

RAMS founder John Kinghorn has been charged with fraud for allegedly avoiding tax obligations worth more than $30... READ MORE

‘Compliance is not a competitive advantage’: Choice

by James Mitchell • 31 Oct 2017

Choice Aggregation Services chief executive Stephen Moore says that unity and cooperation will be required for the... READ MORE

FBAA welcomes news from major bank

by Staff reporter • 30 Oct 2017

News that mortgage brokers are originating the majority of home loans for a major bank has been welcomed by the Finance... READ MORE

‘Stark’ figures show fewer houses are selling

by Reporter • 30 Oct 2017

Just 5.0 per cent of the national housing stock transacted in the 12 months to September, the lowest stock turnover... READ MORE

Brokers send $1bn in mortgages to non-bank in four months

by Staff reporter • 30 Oct 2017

One of Australia’s largest non-bank lenders, following a spike in broker accreditations, has hit a new milestone... READ MORE

Mortgage brokerage to produce own white label product

by Reporter • 30 Oct 2017

An independent mortgage brokerage has announced that, next year, it will launch its own white label product “with the... READ MORE

Investor rates to hit 6.5% by 2020: QBE

by Reporter • 27 Oct 2017

Insurance provider QBE has predicted that borrower rates will go up across the board by 2020, with investor... READ MORE

Mutual banks cut owner-occupier IO rates

by Reporter • 27 Oct 2017

Teachers Mutual Bank, UniBank and Firefighters Mutual Bank have dropped their interest rates for several home loans,... READ MORE

Brokers responsible for 56% of major bank flows

by James Mitchell • 27 Oct 2017

Mortgage brokers have become the primary distribution channel for a major lender, whose CEO concedes that customers no... READ MORE

Award-winning broker: Tamara Virgo

by Staff reporter • 26 Oct 2017

It takes something pretty special to nab multiple wins at The Adviser’s Better Business Awards. We find out how this... READ MORE

Mortgage broker banned for life

by Staff reporter • 26 Oct 2017

ASIC has permanently banned a Victoria-based mortgage broker after she failed to disclose a past criminal conviction... READ MORE

Pepper’s deal conversion tool reaches 1,000 users

by Julianne Leybag • 26 Oct 2017

Non-conforming lender Pepper has announced that its ‘market-first’ conversion tool for non-conforming deals has... READ MORE

Lenders trialling home loan blockchain solution

by Reporter • 26 Oct 2017

A range of lenders, including HSBC Australia, are currently trialling the “world’s most advanced end-to-end loan... READ MORE

home loan connexion mortgage brokerage mentoring pen and paper

Brokerage to launch mentoring program