The major bank has shifted its rates on owner occupier and investment fixed loans across both principal & interest and interest only
The FBAA has raised concerns at a Senate inquiry about lenders linking broker accreditation to a set number of loans written
Inconsistency among broker vetting by the banks could put lenders at financial risk, says one credit expert
The regulator has suggested lenders create more efficient systems to collate data on broker loans and commissions
The newest entrant into the Australian commercial lending market has vowed to ramp up competition in the sector and give brokers better alternatives.
A mortgage brokerage and financial services firm has announced the launch of a new partnership designed to give the business “access to a new and diverse range of clients”.
A Japanese lender has announced its plans to target the Australian commercial market as statistics show Asian banks have increased their share of business credit.
Firstfolio has announced the company’s interim CEO has agreed to stand down from his position following recent issues with the firm’s recapitalisation proposal.
NAB group executive Gavin Slater says the current mortgage market is one of the most competitive in history, providing the ideal environment for home buyers.
A non-major has announced the appointment of a new independent non-executive director.