Brokers responsible for more than half of interest-only lending, ASIC reveals
More than half of interest-only loans come through the third party channel, ASIC has revealed ahead of its forthcoming review of mortgage brokers
Financial literacy programs need to be better targeted, says FBAA
Financial literacy education programs need to be better targeted in order to be effective, the CEO of the FBAA has claimed
Do you think ASIC understands the mortgage broking industry?
Australian Broker is running a new online poll, asking brokers whether they think ASIC understands the mortgage broking industry, or whether there is a disconnect?
AB weekend wrap: Regulation, regulation and more regulation
This week, regulation dominated the news, with new expectations for verifying expenses, clawbacks in the spotlight and a law that could impact broker contracts
White label products to come under ASIC scrutiny
White label mortgage products may also come under the microscope in ASIC’s forthcoming review into remuneration structures in mortgage broking
FBAA meets with government to discuss clawbacks
The FBAA has met with the Minister for Small Business and Assistant Treasurer, Kelly O’Dwyer to discuss unfair clawbacks