Rachel Bentvelzen news

Banks advised against "turning on broker taps"

NEWS

Banks advised against "turning on broker taps"

Brokers respond to "improper" statement that proprietary loans are lower risk

Mortgage mis-selling poses risk to banks

NEWS

Mortgage mis-selling poses risk to banks

UBS called the major banks' reporting of borrowers' gross household income as "highly improbable"

CBA changes caused friction with brokers

NEWS

CBA changes caused friction with brokers

Bank's focus on proprietary channels could be a reason for its slower housing loan growth

UBS follows up controversial ‘liar loan’ report

NEWS

UBS follows up controversial ‘liar loan’ report

The global bank has put out a second report claiming that IO borrowers are more likely to experience financial stress through brokers

Inaccuracies “more prevalent” through brokers

NEWS

Inaccuracies “more prevalent” through brokers

Brokers are more likely to push for an inaccurate loan application than the banks, reveals new research from UBS

CBA broker decline “a positive sign”, says UBS

NEWS

CBA broker decline “a positive sign”, says UBS

Analysts from the bank have reported that a drop off in broker originated loans at the major lender is an “important development”

Investors flagged in false loan switching

NEWS

Investors flagged in false loan switching

Analysts from a global bank have questioned whether borrowers are being honest when reclassifying themselves as owner occupiers

ABA slams SA bank tax as “triple dipping”

NEWS

ABA slams SA bank tax as “triple dipping”

The major banks have also condemned the state’s surprise budget move, expressing their concerns about the newly announced levy

Mortgage brokers are overpaid, UBS report claims

NEWS

Mortgage brokers are overpaid, UBS report claims

But the MFAA disputes the report, saying it used incorrect data and is misleading

Banks’ 1H17 results “subdued,” analysts say

NEWS

Banks’ 1H17 results “subdued,” analysts say

All three of the major banks that reported results for the first half of 2017 saw revenue fall, according to a new report

Keep up with the latest news and events

Join our mailing list, it’s free!