Off the cuff: Kathy Cummings
CBA's top mortgage boss told Australian Broker about her days as a taxi driver and a few things more...
Confusion reigns over fate of boosted FHOG
Yesterday the prime minister indicated the boosted first home owners grant would not be extended beyond the 30 June. Today, reports in the Daily Telegraph and Herald Sun suggested it would be extended when the Budget is announced on 12 May.
Westpac cuts LVR for new bank clients
Westpac has cut its maximum LVR for new borrowers who are not already a client of the bank.
ACCC backs MFAA disciplinary procedures
The disciplinary rules which allow the MFAA to suspend and expel members for misconduct have received the backing of the government's competition watchdog
Mortgage relief plan could land Australia in crisis
Australia could be headed towards a US-style crisis due to the Prime Minister's "unemployment bail out plan", says managing director of Wilson National, Geoff Wilson.
RAMS one month behind on deals
The mortgage processing crisis currently crippling brokers appears to be getting worse after a RAMS BDM revealed they are a full month behind on assessing deals.