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
Challenger Mortgage Management has welcomed the deletion of the proposed section 130 (3) of the National Credit Protection Bill.
The Rock Building society will raise up to $5million to bolster its capital position as its second-largest shareholder pushes to replace two directors, according to a report in The Australian Financial Review.
The highlight event of the mortgage industry calendar, the Australian Mortgage Awards, is now sold out.
Bank of Queensland "has a case to answer" over its lending practices to clients of Storm Financial.
Heritage Building Society announced the launch of an ASX listed subordinated debt transaction to raise approximately $30 million - with the ability to raise more or less, according to a report in The Australian Financial Review.
The mortgage market in the UK was reined in somewhat by the introduction of regulation, but it was the GFC that hurt it the most, according to Ray Boulger from UK broker group John Charcol