The changes affect new and existing interest only borrowers as the bank moves to fulfil APRA’s tighter lending guidelines
In his second reading speech on the bank levy bill, the Treasurer also stressed that costs are not to be passed onto the consumer
New research for the big four banks shows satisfaction levels amongst customers improving across the board
The agreement between a loan protection specialist and financial services firm will let brokers offer more comprehensive coverage to clients
Industry leaders got together to discuss the woes of the mortgage broking world. Find out what the biggest problem is.
Changes to positive credit reporting come into play tomorrow, and there is one “trap” brokers need to be wary of, says a senior lawyer.
The head of the Finance Brokers Association of Australia strongly disagrees with statements made by Mortgage and Finance Association of Australia head Phil Naylor about remodelling the country’s mortgage market on Canada’s
The whistleblower that brought JPMorgan Chase to its knees for defrauding the US government on mortgage insurance is getting a huge multi-million dollar payout.
Sydney’s preliminary auction clearance rate has broken a high for the third time this year – which bodes well for brokers in the area.
ASIC is warning about a lending scam after hearing from victims who have lost thousands of dollars.