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Lender explains decision to ‘steer away’ from brokers

Lender explains decision to ‘steer away’ from brokers
by James Mitchell • 2 Feb 2017
Australia’s largest marketplace lender has explained why it will not partner with brokers as its competitors are... READ MORE

Thinking of retiring? ‘Get out early’, brokers advised
by Reporter • 2 Feb 2017
Brokers who are thinking of retiring should “get out early” and “start planning soon”, the managing director of... READ MORE

Home loan demand surges in December
by Francesca Krakue • 2 Feb 2017
Consumer demand for mortgages rebounded strongly in the December 2016 quarter, creating a “stronger trend than... READ MORE
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Affordability worsens amid resurgent house price growth
by Francesca Krakue • 2 Feb 2017
The December quarter of 2016 saw housing affordability deteriorate sharply, driven by further gains in dwelling prices,... READ MORE
Brokers given gift vouchers for insurance deals

Brokers given gift vouchers for insurance deals
by James Mitchell • 1 Feb 2017
One of Australia’s largest aggregators has launched a new insurance referral program that gives brokers Coles gift... READ MORE

Non-banks continue to have lowest mortgage arrears
by James Mitchell • 1 Feb 2017
The number of delinquent housing loans underlying Australian prime residential mortgage-backed securities fell in... READ MORE

NLG reports record high in refinancing
by Reporter • 1 Feb 2017
A leading asset finance provider has reported a record high in car refinancing over December and January. READ MORE

Federal Court dismisses broker’s appeal
by Reporter • 31 Jan 2017
Former Victorian finance broker Meenakshi Devi Callychurn, the director of Unique Mortgage Services Pty Ltd (UMS), has... READ MORE

Non-bank launches new investor mortgage offering
by James Mitchell • 31 Jan 2017
One of Australia’s largest non-bank lenders has announced a fresh home loan offering for property investors. READ MORE
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Banks will use Sedgwick review ‘to remove or change payments’
by Reporter • 31 Jan 2017
A new campaign launched by the Australian Bankers’ Association has revealed that banks will use the findings of the... READ MORE
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Overseas brokerage posts strong growth ahead of local launch
by James Mitchell • 31 Jan 2017
A UK-based mortgage group has seen a significant increase in revenue over 2016 and grown its number of brokers to 950. READ MORE
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Former Aussie Home Loans broker permanently banned
by James Mitchell • 31 Jan 2017
ASIC has permanently banned a former Aussie Home Loans mortgage broker from credit and financial services industries. READ MORE

Major banks' broker offerings in the spotlight
by James Mitchell • 30 Jan 2017
Australia’s big four banks are under the spotlight as brokers have their say on how the majors are performing when it... READ MORE
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Brokers gravitate towards ‘lucrative’ commercial deals
by James Mitchell • 30 Jan 2017
A non-bank lender has explained how mortgage brokers have been responsible for driving the group’s surge in developer... READ MORE
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Mortgage brokerage appoints new sales manager
by Reporter • 30 Jan 2017
Nectar Mortgages has announced that Stephen Harris has been appointed to the role of national sales manager at the... READ MORE
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Major bank donates $50,000 to Bourke Street Fund
by Reporter • 30 Jan 2017
Westpac has donated $50,000 to the Victorian government’s fund for families affected by the incident in Bourke... READ MORE
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Major brokerage faces big challenges: report
by James Mitchell • 27 Jan 2017
A Morningstar report has outlined a number of challenges facing one of Australia’s largest brokerages and warned that... READ MORE
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Fintech lender hires CIO following $200m milestone
by James Mitchell • 27 Jan 2017
An Australian marketplace lender has announced the appointment of a new chief investment officer tasked with building... READ MORE
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Consumer confidence unwinds
by Francesca Krakue • 27 Jan 2017
After a solid start to the year, recent figures show that consumer confidence slipped back in the week ending 22... READ MORE

Major aggregator launches Chinese broker initiative
by James Mitchell • 25 Jan 2017
One of Australia’s largest aggregation groups has announced a new offering to assist Chinese-speaking mortgage... READ MORE
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‘Plan to be rejected sometimes,’ MFAA BDM says
by Francesca Krakue • 25 Jan 2017
An award-winning loan writer and a successful business development manager offer new brokers some key advice on the... READ MORE
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Sydney house prices reach new record high
by Francesca Krakue • 25 Jan 2017
Domain says Sydney has seen the strongest annual growth of all the state capitals for the sixth consecutive year, with... READ MORE
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Good news for new home sales in November
by Reporter • 25 Jan 2017
A survey of the country’s largest home builders shows a strong bounce in Australia’s property sales in November... READ MORE

Aggregation chief flags broker stress, turnaround times
by James Mitchell • 24 Jan 2017
The head of a boutique aggregator has slammed the interim Sedgwick Review’s comments on broker remuneration,... READ MORE
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Lender extends two-week settlement guarantee

by James Mitchell • 24 Jan 2017
A leading non-bank lender has extended its two-week settlement guarantee after achieving a 100 per cent success rate in... READ MORE