AMP news

  • Weekend Wrap: ASIC stands with MFAA by AB

    Making news this week ASIC commended the MFAA for educating Fairfax on broker commissions; a non-major lender told brokers non-resident borrowers are 'unacceptable'; and another non-major committed to speedier turnaround times

  • AMP classifies non-resident borrowers 'unacceptable' by Julia Corderoy

    AMP has classified non-resident borrowers as an “unacceptable borrower type” amongst a myriad of other tougher lending rules regarding foreign income lending

  • More non-majors join rate cut frenzy by Julia Corderoy

    More non-major lenders have joined the rate cut frenzy, announcing interest rate reductions across all variable rate home loans

  • McKeon steps down from AMP by John Maguire

    AMP chairman Simon McKeon has announced his retirement, with John Palmer to temporarily fill his shoes.

  • AMP 'blacklists' more than 140 suburbs for apartment lending by Julia Corderoy

    More than 140 suburbs have been blacklisted for apartment loans by a non-major lender following fears of oversupply, off-the-plan sales and falling prices

  • Major bank market share surges by Julia Corderoy

    Australia’s biggest home loan lender has seen a further surge in mortgage settlements in 2016