The major bank has said current trail and upfront structures are fair to brokers although some added transparency is required
The Khoury review has said banks should be obliged to let credit applicants check all information submitted prior to signing
The proposal would see banks waive the traditional mortgage deposit for first home buyers with a strong rental history
The affordability of Canberra and surrounds means it is highly attractive to SMSF buyers
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