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
Higher rates and tighter lending standards at a time of sky-high household debt could have unforeseen ramifications
The ABA has welcomed the relief offered by banks in the wake of bushfires that have devastated the Perth Hills area.
One of mortgage broking’s largest franchises has announced an aggressive recruitment drive for 2014, looking to expand its broker network by up to 20%.
The big four banks managed to scrape a slightly higher proportion of home loans in the final month of 2013, but market share continues to track below historical levels.
The number of first home buyers has bottomed out in Australia, reaching record lows in the final months of 2013.
The release of new privacy regulations due to commence in March do not fully address the issues affecting brokers and borrowers, say lawyers.
A major lender has announced a disaster relief package, deferring home loan payments for customers affected by the Western Australia bushfires.