If lenders opt to pay lower commissions, one major franchise could be heavily impacted due to its remuneration model
The major lender has chosen to once more accept refinancing applications for P&I loans following APRA’s tighter IO guidelines
The non-bank’s third transaction in the past 12 months correlates with a growing market presence for the firm
The second tier bank wants to become the intermediated bank of choice with brokers and financial advisers
Loan Market Group has slammed the RBA for lifting interest rates today, saying it has put "a healthy housing market in jeopardy".
The CEO of the Commonwealth Bank, Ralph Norris, has indicated that the banks will not make a grab for extra margin as official rates begin to rise, The Daily Telegraph reported today.
Make sure you watch the MPA eMag video interview with Jeremy Yuen, one of the country's most successful loan writers who ranked seventh in MPA's Top 100 brokers list in both 2007 and 2008.
ANZ has appointed Meg Bonighton as the bank's new Head of Broker Distribution.
The grandson of the founder of Australia's second-largest residential real estate agency is set to sign a $67m deal to buy the company from troubled Brisbane-based lender Suncorp, The Australian reported today.
While the mortgage industry has lost a step or two in the last 18 months, sometimes it's better to focus on how much there's left to give.