If lenders opt to pay lower commissions, one major franchise could be heavily impacted due to its remuneration model
The major lender has chosen to once more accept refinancing applications for P&I loans following APRA’s tighter IO guidelines
The non-bank’s third transaction in the past 12 months correlates with a growing market presence for the firm
The second tier bank wants to become the intermediated bank of choice with brokers and financial advisers
Tax fraud scams involving the sale and re-mortgaging of property without the owners’ consent are on the rise in Australia, and brokers have been warned to stay alert.
A leading mortgage broker has hired a bank's former high-profile third-party head as general manager
The MFAA has expelled a Sydney broker for submitting fraudulent documents to a lender.
A major mortgage franchise has called on the government to introduce a raft of changes incorporating ASIC’s mandate, financial literacy and home loan advertisements, in order to improve the country’s financial system.
As of this week Australian banks will be accountable to a new code designed to improve the rights for their customers.
A broker who has gained over 16,000 followers and over 4,000 leads from Facebook in less than three years has said others in the industry lack strategy when it comes to social media.