Economy

YBR director resigns
3 May 2016
mortgagebusiness

Yellow Brick Road (YBR) has announced the resignation of a major shareholder representative from its board of directors.

ANZ teams up with Apple in banking first
3 May 2016
mortgagebusiness

ANZ has become the first major bank to offer Apply Pay, making it available to its five million customers in Australia.

Genworth sees profits fall as market pressures mount
2 May 2016
mortgagebusiness

Genworth has recorded a significant fall in profits as lenders reduce their exposure to high-LVR home loans.

QTMB’s merger plans will have ‘limited impact’: Moody’s
2 May 2016
mortgagebusiness

Moody’s Investors Service has affirmed its credit ratings for QT Mutual Bank (QTMB) following its announcement last week that it plans to merge with another lender.

Credit Ombudsman supports industry review
2 May 2016
mortgagebusiness

The Credit and Investments Ombudsman (CIO) has welcomed Treasurer Scott Morrison’s announcement that the federal government will establish an expert panel to review external dispute ...

US leaves door open for June rate hike
2 May 2016
mortgagebusiness

The US Federal Open Market Committee (FOMC) failed to mention global and financial risks in its statement last week, leaving open the possibility of a June 2016 rate hike, says a global ...

ANZ restructures mortgage team
29 April 2016
mortgagebusiness

ANZ has restructured its mortgage team, replacing its third-party leader with a new head of broker distribution.

Global player set to spice up local mortgage market
29 April 2016
mortgagebusiness

A closer look at one ASX-listed mortgage provider’s operations reveals the business is set to become a force to be reckoned with in the financial services sector.

Mortgage manager hits billion-dollar milestone
29 April 2016
mortgagebusiness

An Australian mortgage manager has achieved a record-high level of loan volumes as a result of its partnership with a regional bank.

‘Noisy’ bank reporting season ahead: UBS
29 April 2016
mortgagebusiness

Australia’s major banks are set to unveil a “relatively weak” set of numbers when they announce their 2015-16 first-half results early next month, according to UBS.