Economy

Liberty recognised for loan servicing strength
15 July 2016
mortgagebusiness

Standard & Poor’s (S&P) has affirmed the “strong” ranking it has assigned to Liberty Financial as a servicer of mortgages, commercial loans and auto finance.

Australia insulated from Italian bank risk
15 July 2016
mortgagebusiness

Italy’s troubled banking sector is unlikely to have a direct influence on Australian markets, says AMP Capital.

Suncorp Bank reveals new variable mortgage offering
14 July 2016
mortgagebusiness

One of Australia’s leading challenger banks has today announced a new offering for investors and owner-occupiers.

Scottish Pacific completes ASX listing
14 July 2016
mortgagebusiness

Six months after snapping up its biggest competitor, SME lender Scottish Pacific has successfully listed on the ASX.

Rubik expands international footprint
14 July 2016
mortgagebusiness

Australian fintech provider Rubik Financial has announced it has signed an agreement with an overseas bank to implement its collections platform, CWX.

Banks face independent remuneration probe
13 July 2016
mortgagebusiness

A former Australian public service commissioner has been appointed to conduct an independent review of how banks pay staff and mortgage brokers.

Popular bank exec to lead CoreLogic’s Australian business
13 July 2016
mortgagebusiness

One of the mortgage industry’s most respected bankers will soon step down from her current role as an executive director of a non-major lender to run the Australian operations of property ...

CBA partners with Xero in SME banking deal
13 July 2016
mortgagebusiness

Accounting software giant Xero has partnered with Australia’s biggest bank as the group looks to launch a series of impressive business banking features with major lender.

Competition pushing demand for mortgage professionals
13 July 2016
mortgagebusiness

A new report by a global recruitment company has identified competitive drivers to be responsible for pushing employer demand for a wide range of mortgage professionals, both on the lending ...

Government under pressure to appoint housing minister
13 July 2016
mortgagebusiness

The Turnbull government has been warned that a strong national focus on housing is critical to retaining Australia’s AAA credit rating, after claiming election victory on Sunday.