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
Non-major lenders tripled their market share of new fixed-rate loans in the final quarter of 2013, the latest statistics show.
A non-major has reduced its variable interest rates in a sign 2014 will be another competitive year in the mortgage space.
A hot property market is fuelling strong demand for mortgage brokers, making it one of the most sought-after professions in Australia.
The level of residential property rental vacancies is up Australia-wide, with mining towns leading the upsurge.
Many brokers struggle to grow their trail book once it reaches a certain point, says one top broker, but with a little smart thinking brokers can reduce their run-off and increase their profits.
The final submissions to the Senate committee’s review on ASIC’s performance are in, and low doc and no-doc loans are a hot topic.