A major non-bank lender has revealed it plans to expand its involvement in the broker space by purchasing distribution channels.
Lenders have come under fire from the Credit Ombudsman Service, with one receiving more than 100 complaints over the past year.
Higher LVR caps are seeping into the mortgage market, but is it a case of buyer need - or lender greed?
Pepper has officially withdrawn from the bid war over RHG, saying it's clear the board was 'only interested in dealing with the Resimac Syndicate'
Resimac has once again overtaken Pepper in the race to acquire RHG
Resimac's application to the Takeovers Panel regarding the bid war over RHG has been rejected