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Breaking News
Major aggregator eyes near-prime market
by Reporter • 20 Oct 2016
An ASX-listed aggregator has said that it expects the near-prime market to be a “growing sector in the next three to...
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New pre-settlement cover on home and contents insurance
by Reporter • 20 Oct 2016
A new home and contents insurance product that provides immediate pre-settlement cover of up to 90 days has been...
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Strategic partnership aims to boost support of brokers
by Francesca Krakue • 20 Oct 2016
An ASX-listed mortgage firm has entered into a new partnership with a network of financial advisers and accountants...
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Trail commissions ‘under the guillotine’ says non-bank boss
by James Mitchell • 19 Oct 2016
The CEO of a non-bank lender believes trail commissions could be scrapped as a result of ASIC’s remuneration review,...
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Non-major bank announces improved variable discounts
by Reporter • 19 Oct 2016
Suncorp Bank has announced changes to its retail home lending special offers, providing new customers with discounted...
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Broker platform hits $2bn milestone
by James Mitchell • 19 Oct 2016
An online portal that connects brokers with borrowers has doubled the value of loans negotiated through the platform in...
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Ambitious broker highlights benefits of mentorship
by Francesca Krakue • 19 Oct 2016
A successful mortgage professional has shared some top tips on how to get the most out of a mentor relationship when...
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Lender announces major overhaul of mortgage policies
by James Mitchell • 18 Oct 2016
A leading member-owned mortgage provider has responded to feedback from brokers and is consequently implementing a...
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Brokerage partners with real estate network
by Tamikah Bretzke • 18 Oct 2016
Choice Home Loans has announced a strategic partnership with real estate network PRDnationwide, in a move that...
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Cross-selling strategy drives revenue growth for Sydney broker
by James Mitchell • 18 Oct 2016
A recently-listed mortgage brokerage has seen a 25 per cent surge in home loan revenue over the first quarter of the...
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Franchise group selects corporate charity partner
by James Mitchell • 18 Oct 2016
National mortgage broking franchise, MoneyQuest, has announced that it has selected Maddie Riewoldt’s Vision to be...
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Brokers ‘need to look at specialist lending’
by Reporter • 17 Oct 2016
The principal of a leading aggregator has said that brokers “need to look at specialist lending” to help their...
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Major bank predicts two rate cuts in 2017
by Tamikah Bretzke • 17 Oct 2016
Persistently low inflation and a subdued growth outlook are expected to “prompt the RBA to make two more 25bp cuts to...
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Fed court approves major mortgage deal
by Reporter • 17 Oct 2016
The Federal Court has approved a merger of an ASX-listed non-bank lender and one of Australia’s mortgage pioneers.
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Australia’s ‘first’ rate tracker mortgage launches
by Reporter • 14 Oct 2016
A Queensland-based bank has released a new ‘rate tracker’ style home loan, believed to be the first of its kind in...
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Non-bank launches ‘Australia’s first two-week settlement...
by Reporter • 14 Oct 2016
Australia’s largest non-bank lender has announced it is offering the country’s “first ever” two-week settlement...
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Elite broker offers 3 top tips for new-to-industry
by Francesca Krakue • 14 Oct 2016
A successful mortgage professional has provided three fundamentals to being a successful broker, following the...
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FBAA welcomes HSBC’s return
by Reporter • 14 Oct 2016
The leading industry body has welcomed HSBC’s re-establishment of a relationship with brokers, emphasising that smart...
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Home renovation sector ‘packs a punch’ across Aussie economy
by Francesca Krakue • 14 Oct 2016
A senior economist has revealed that the home renovations market is currently worth $31 billion and could rise further...
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FBAA ‘condemns’ mortgage misrepresentation report
by Francesca Krakue • 13 Oct 2016
The industry body has “condemned” the findings of a recent UBS Investment Bank study that suggested some brokers...
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The benefits of mentoring a new broker
by James Mitchell • 13 Oct 2016
One mortgage professional explains the process of hiring new loan writers and integrating them into his business.
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Rate cut chatter drives uptick in variable loan demand
by Reporter • 13 Oct 2016
Ongoing speculation about another rate cut this year has encouraged an increasing number of borrowers to opt for a...
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New home lending ‘steadily trending higher’
by Reporter • 13 Oct 2016
Lending to households building or purchasing new homes saw an improvement in August, according to the Housing Industry...
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Bank confirms return to broker channel
by James Mitchell • 12 Oct 2016
One of the world’s largest banking groups has confirmed that it will return to the third-party channel and recommence...
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Broking franchise celebrates ‘champion performers’
by Reporter • 12 Oct 2016
MoneyQuest has recognised its best brokers at a national business awards event where its director said the franchise is...
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