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
Global credit ratings agency Fitch Ratings has warned Australian banks face a more challenging environment in 2014.
The chief economist of a major bank has placed the blame for the current housing market squarely on the shoulders of the central banks.
Lenders, aggregators and brokers have hit back at accusations by consumer spokesgroup CHOICE that "lax" lending standards and high LVR loans are putting consumers at risk.
A major aggregator has boosted its settlement numbers by more than 40% in the past year.
Financial confidence amongst Australian households has continued its upward trajectory in the second week of 2014.
ASIC have released details of chairman Greg Medcraft's travel expenditure in 2013.