The bank has increased both its owner-occupier and investor interest rates as a result of changes in wholesale funding costs
The challenger bank has announced changes to its owner-occupier and investor mortgage rates
Advances in technology and digital applications has introduced new risks brokers need to be aware of
New research has revealed the staggering numbers behind foreign buyers in Australia’s two most populated states
ASIC has revealed it is currently investigating 20 cases of falsification of loan documents or applications, while stating that fraud by brokers 'will not be tolerated'.
RESIMAC has hit back at reports claiming the company’s focus is on owning distribution channels, stating the non-bank lender will continue to expand its retail broker channel.
The much-hyped entry of a Japanese bank into the Australian market may not go ahead, as the bank announces the closure of its Australian office.
One LMI provider has recorded a substantial profit this year, while another was only just in the black.
While housing growth in capital cities such as Sydney and Melbourne has been in the spotlight lately, figures show rural areas are seeing higher demand and strong price growth.
ASIC has permanently banned two Sydney-based brokers and one former mortgage broker while announcing the conviction of another.