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
A leading industry survey has revealed the biggest concerns for the immediate future of the industry.
Three of Australia’s leading mortgage and finance industry professionals have been appointed this week to the board of the MFAA.
Lenders have come under fire from the Credit Ombudsman Service, with one receiving more than 100 complaints over the past year.
The heads of the key industry bodies are confident that ex-CBA boss David Murray is the right person to lead the biggest inquiry into the financial system in the best part of two decades.
One large aggregator is going from strength to strength, recording their highest settlements ever in October.
The Australian property market is at serious risk of “price overshooting”, according to the latest International Monetary Fund report.