The group has also entered into a strategic mortgage broking partnership with one of the big four banks
In response to this, the ACCC has revealed a new taskforce that will closely monitor bank decisions in the future
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While this downward trend is mainly due to lower interest rates, borrowers still remain “very sensitive” to future rate changes
The MFAA has told an inquiry into ASIC’s performance there is no evidence assertions of “systematic falsifications of details in loan applications” from brokers are true.
A non-bank lender has appointed two new BDMs in Sydney and Adelaide.
The president of an industry body says the recent slew of broker bans brought out by ASIC is not a reflection on members, despite past media hype sullying the industry’s name.
The majors have slammed claims older borrowers are being unfairly denied credit, claiming policies are in place to protect borrowers.
While many brokers are still confused about where the upcoming privacy law changes will leave them, one expert has claimed the changes are a lot of fuss about nothing.
A non-major has announced a further new appointment, the latest in a string of such announcements following major restructuring.