Following an individual complaint, the bank has reported the issue to ASIC and refunded over 1,000 customers with mortgage offset accounts
One legal expert has said brokers are bullying lawyers into providing obsolete paper documents on behalf of the banks
In a dual appointment, the online loan marketplace has also welcomed a major financial media commentator to its advisory board
One leading financial analyst has predicted a number of targeted rate cuts by the banks after a build-up of capital by most lenders
A northern NSW investment fund manager is embarking on a $50 million mortgage fund providing investment loans on properties of between $200,000 and $5 million.
A new survey from Roy Morgan Research has found that customer satisfaction in the big four banks has declined for the third consecutive month.
A new submission to a Senate enquiry into white collar crime suggests Australia's banks are rife with fraud when it comes to lending.
Brokers dealing with Generation X or Y clients should be aware that younger home loan seekers prefer face-to-face consultation over digital, in the wake of a new report from ING Direct.
Out-of-cycle rate rises have the potential to cause discontent among mortgage holders, with brokers advised to take a measured approach.
Australia's big four banks have moved quickly to state they will not pass the cost of the new ASIC levy on to customers.