Most lenders are holding their tongues on their justification for clawbacks, but one non-major has said it is willing to discuss change
One non-bank lender is waiving risk fees on all specialist lending products with an LVR of 70% or less.
A non-major lender has announced the ex-BDM of another bank as its new state business relationship manager.
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?