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
ANZ bank has boosted its satisfaction rating amongst business customers in the past two months, leaving NAB trailing behind.
The MFAA's train-the-mentor program has been relaunched with a lower cost and a shorter time frame.
This year COSL received three times as many complaints about LMIs compared to previous years, and one industry association is calling for "major reforms".
One of Japan's largest banks has struck a landmark deal with a non-major Australian lender, paving the way for further overseas involvement in the home loan market.
Reports that banks are relaxing lending standards are entirely false, and there's evidence standards are actually tightening, says one Sydney broker.
One of the largest providers of credit scoring systems in the US is pitching open access credit reporting products for Australian consumers.