With regulatory change almost inevitable following multiple industry reviews, the aggregator has said it will stand by its members
The announced changes only affect owner occupier loans that are greater than $200,000
The personal loan provider has signed up several brokers with the goal being to bring in 40% of its acquisitions via the third party channel
The newly released data also reveals that the percentage of mortgage holders has also decreased since the last census was taken
Lenders understand the woes of the mortgage industry? Yeah right, say brokers.
Australia’s largest customer-owned financial institution has increased its total value of new loans settled to over $1bn, show its latest half year results.
An independent reviewer has found the Financial Ombudsman Service is inefficient and causes undue delays when resolving disputes.
A recruiter specialising in placing brokers has noticed a significant amount of ‘new blood’ coming into the mortgage industry – and it'll likely keep the industry on its toes.
One non-bank lender is staying competitive by offering brokers a choice in income options. Does a higher upfront, lower trail suit you best or the other way round?
The Australian Bureau of Statistics has just released its latest home loan statistics - find out how the country is faring.