The financial group has been sold to a subsidiary of one major bank as details of the sale are finally released
The lender has expanded its previous unsecured lending facilities for small businesses, promising a 10-minute approval time
The new technological solution combines lead generation, fact find and calculators with both chatbot and live chat functionality
An examination of the banking industry has also found that customers are not ready to ditch the branches just yet
While brokers call on lenders and aggregators to allow trail portability, one aggregator has defended the lenders’ stance.
A number of lenders are said to have made bids to acquire around $2bn in loans being sold by Investec.
A major bank recorded a cash profit of $1.73bn in the final quarter of 2013, spurred on by solid lending book growth.
The move to e-conveyancing is on the horizon, and one expert says it will give brokers peace of mind and make the application process smoother.
A commercial construction and property development company has paid a penalty of $33,000 for failing to comply with continuous disclosure obligations.
Westpac has announced the long-time deputy chairman John Curtis will step down from the bank’s board in April.