Economy

Non-major sees drop in loan approvals
1 March 2017
mortgagebusiness

Auswide Bank has reported that the value of loans approved during the first half of the financial year fell by 8.74 per cent to $269 million but that statutory consolidated net profit after ...

Mike Baird joins big four bank
1 March 2017
mortgagebusiness

The former premier of NSW has joined a major bank as the new chief customer officer for corporate and institutional banking.

Major bank makes strategic appointment
1 March 2017
mortgagebusiness

A major lender has appointed a new group executive of talent and culture in a move that it says will help create further momentum around its transformation.

2017 will be ‘watershed’ year for blockchain
28 February 2017
mortgagebusiness

The heads of fintech businesses have emphasised that the development of blockchain is “moving very quickly” and is likely to gain further traction in the financial industry this year.

Loan arrears in December up by a fifth
28 February 2017
mortgagebusiness

The number of delinquent housing loans underlying Australian prime residential mortgage-backed securities rose by 20 per cent in December 2016 when compared with the previous year, but are ...

Global player sees 36% surge in local mortgages
27 February 2017
mortgagebusiness

An ASX-listed diversified financial services group has reported a record for home loan originations over the 12 months to 31 December 2016.

Mortgage demand in NSW and Victoria at ‘historic high’
27 February 2017
mortgagebusiness

More than two-thirds of all housing finance commitments in Australia were for properties in Victoria and NSW in December 2016, a record high proportion, according to CoreLogic.

SuiteBox breakthrough to speed up deal flow
27 February 2017
mortgagebusiness

Global software provider of digital workspace technology SuiteBox has upgraded its software to allow for four-person meetings that enable the multi-party signing of documents in a secure ...

Listed brokerage settles record number of loans
24 February 2017
mortgagebusiness

Mortgage Choice has announced that it settled a record $6.4 billion of loans in the half year ending December 2016, up 2.4 per cent on the prior comparative period.

Construction falls for second quarter in a row
24 February 2017
mortgagebusiness

The level of construction work done in Australia fell for the second consecutive quarter in Q4 last year, according to recent findings by ANZ.