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House market, property investments, loans, pricing methodology

Suncorp changes pricing methodology for IO loans
by Reporter • 28 Sep 2017
The non-major bank has said that it will change the way it calculates rates for interest-only loans and will increase... READ MORE

Broker demand soars amid credit crackdown
by James Mitchell • 28 Sep 2017
Demand for mortgage broker services has skyrocketed in the last 12 months, with over 80 per cent of property investors... READ MORE
Anti-money laundering

Brokers ‘burdened’ by anti-money laundering regulation
by Reporter • 28 Sep 2017
CAFBA has called for a standardisation of anti-money laundering and counter-terrorism compliance policies, as the... READ MORE
broker support team

Insurer boosts broker support team
by Staff Reporter • 27 Sep 2017
Liberty Financial’s insurance arm, LFI Group, has expanded both its sales and operations teams to help manage... READ MORE
Money

Non-major takes $500m in mortgages from big four
by James Mitchell • 27 Sep 2017
The CEO of a mutual lender has explained how mortgage brokers have helped the group win more than half a billion... READ MORE
Key traits, magnifying glass, research

Aggregator reveals key traits for surviving first 12 months
by Reporter • 27 Sep 2017
Connective has revealed the initial findings of its broker research which sought to identify the key traits of its... READ MORE
Brokers

Brokers have 'important role' in mortgage market, says CBA
by Reporter • 27 Sep 2017
The big four bank has told the Productivity Commission that it believes brokers “should and will continue to play an... READ MORE
NAB

Major bank accepts VOI reports
by Reporter • 26 Sep 2017
The NAB Group has confirmed that it is now accepting identity reports for broker customers via the IDme and ZipID... READ MORE
ANZ tightens up on apartment lending

ANZ tightens up on apartment lending
by Reporter • 26 Sep 2017
The major bank has announced that it will be implementing new restrictions on some loans for residential apartments,... READ MORE
CBA, new IO process for brokers

CBA introduces new IO process for brokers
by Staff Reporter • 26 Sep 2017
The nation’s biggest bank has launched an interest-only simulator to help brokers show customers the differences... READ MORE
MFAA appoints, head of education, Stephen Hunt

MFAA appoints new head of education
by Julianne Leybag • 25 Sep 2017
The Mortgage & Finance Association of Australia has announced the appointment of Stephen Hunt as the new head of... READ MORE

Deslie Taylor: Female Mortgage and Finance Broker of the Year
by Reporter • 25 Sep 2017
Mortgage Choice Ormeau broker Deslie Taylor was crowned Mortgage and Finance Broker of the Year at the inaugural... READ MORE
Oracle Lending Solutions’ director Angelo Benedetti, Afirm Financial’s director Leon Spadavecchia, Financia

Leading brokers merge companies
by Reporter • 25 Sep 2017
The directors of two leading brokerages have merged their companies to form a new business, which aims to be the... READ MORE
Virgin Money cuts variable rates

Virgin Money cuts variable rates
by Staff Reporter • 25 Sep 2017
The non-major lender has reduced today a number of variable investment P&I rates for new mortgage applications. READ MORE
Handshake, appoints new CFO, Kylie Turner

Aggregator channel appoints new CFO
by Julianne Leybag • 22 Sep 2017
Finsure Finance & Insurance has announced that it has appointed Kylie Turner as the new chief financial officer as... READ MORE
Women in Finance winners crowned

Winners of Women in Finance Awards crowned
by Reporter • 22 Sep 2017
The inaugural Women in Finance Awards was held last night, with several leading brokers and members of the mortgage... READ MORE
Mortgage

Mortgage offset class orders remade
by Julianne Leybag • 21 Sep 2017
ASIC has remade two class orders on mortgage offset accounts and factoring arrangements, with minor amendments,... READ MORE
Piggy bank, loan, lending to brokers, Adelaide Bank

Adelaide Bank rolls out construction lending to brokers
by Reporter • 21 Sep 2017
The SA-based bank is now directly offering construction loans through the broker channel for both new and existing... READ MORE
Westpac drops fixed rate

Westpac group drops fixed rate

by Reporter • 21 Sep 2017
The major bank and its subsidiaries have become the latest lenders to drop the interest rate on their two-year fixed... READ MORE
Money, expenses, loan rate

Brokers call for closer scrutiny of living expenses
by Reporter • 21 Sep 2017
Two leading mortgage brokers have suggested that NAB’s switch to loan-to-income ratios will “not change much”,... READ MORE
Caution, warning, threat

ASIC independence ‘faces threat’, warns Labor
by Reporter • 21 Sep 2017
The Shadow Treasurer has suggested that the “independence of and bipartisan support for” the financial services... READ MORE
APRA

APRA has ‘failed’ on competition: COBA
by Staff Reporter • 20 Sep 2017
The prudential regulator has failed to give due consideration to competition in the banking industry, argues the... READ MORE
Macquarie

Non-major changes commission clawback policies
by Staff Reporter • 20 Sep 2017
One of Australia’s largest non-major banks has announced new commission rates and changes to its clawback period, all... READ MORE
Cut

CUA 'phases' back into investor loans, cuts rates
by Reporter • 20 Sep 2017
CUA has continued its “phased” return to investor lending by dropping interest rates for fixed rate investor home... READ MORE
Auswide

Auswide profit up by 11.4% as loan book hits $2.8bn
by James Mitchell • 19 Sep 2017
The Queensland-based lender has lifted its underlying NPAT by 11.4 per cent to $15.6 million for the 2017 financial... READ MORE