The major bank is said to be in discussions for John Symond’s remaining shares within the mortgage franchise
The appointment is the start of a bigger transformation with further sales staff and broker support on the horizon
Analysts have predicted a further increase in 30 plus day arrears, putting added pressure on resource-reliant states
A national banking association will present politicians with a plan to deliver sustainable competition within the industry
The MFAA has told an inquiry into ASIC’s performance there is no evidence assertions of “systematic falsifications of details in loan applications” from brokers are true.
A non-bank lender has appointed two new BDMs in Sydney and Adelaide.
The president of an industry body says the recent slew of broker bans brought out by ASIC is not a reflection on members, despite past media hype sullying the industry’s name.
The majors have slammed claims older borrowers are being unfairly denied credit, claiming policies are in place to protect borrowers.
While many brokers are still confused about where the upcoming privacy law changes will leave them, one expert has claimed the changes are a lot of fuss about nothing.
A non-major has announced a further new appointment, the latest in a string of such announcements following major restructuring.