HSBC joins Mortgage Choice’s panel of lenders less than a year after its comeback to the broking business
The appointment comes as Aussie seeks to grow its WA broker network
Frank Ganis will advise YBR’s management and help the company execute its strategies
ASIC has taken actions against ANZ and three brokers for loans approved through the bank’s former car finance business Esanda
As property prices continue to rise and lenders fight for market share, borrowers are increasingly opting for loans with terms of up to 40 years – and brokers are being warned to be cautious.
ASIC has called for harsher penalties in the financial services sector to help remove ‘bad apples’ from the industry.
As brokers complain of unfair age-based policies by lenders , a recent decision should give clarity around lending to older borrowers.
A major bank has slashed its two- and three-year fixed-rate loans.
The broker industry has undergone a raft of changes in the last five years, and brokers and banks need to work together to ensure customers receive the best possible service, says NAB head of broker distribution Steve Kane.
A top NAB exec has taken a swipe at the bank's competitors for “aggressive” tactics designed to gain market share.