The banned director breached general credit licensee conduct obligations, made false statements to ASIC and more
The changes will apply on select variable rate principal and interest products
The announcement will see the continuation of a long term relationship providing LMI insurance to the bank’s broker business
The trend has been sparked by tougher lending standards for small businesses and presents an opportunity for growth for brokers
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.