RAMS one month behind on deals
The mortgage processing crisis currently crippling brokers appears to be getting worse after a RAMS BDM revealed they are a full month behind on assessing deals.
Brokers hold the key to trail payments: St George
St George Bank has sent out a lucid message to brokers - the future of trail payments is in their hands.
Lifestyle_ brand canned
Insurance giant Tower has dropped its face-to-face Lifestyle_ brand, in preference for a phone-based model.
CBA clears up processing backlog
Brokers have been urged to check the status of their CBA loans, after the lender hosted a 'Backlog Blitz' to process 3,121 files over the weekend.
BankWest cuts 400 jobs
BankWest has blamed the rapidly deteriorating economy for its decision to slash 400 staff from its workforce.
NSW cracks down on fire-sale laws
Coming to the rescue of defaulting homeowners, the NSW government has sprung a proposal for tighter fire-sale legislation.