Economy

Broker head sees no end to investor boom
24 February 2015
mortgagebusiness

One of Australia’s fastest growing banks believes the low-rate environment will further encourage investors to continue growing their portfolios.

New bank outpaces big four in mortgage growth
24 February 2015
mortgagebusiness

One of Australia’s newest banks saw significant growth in broker settlements over the six months to 31 December last year.

Lisa Montgomery to chair Sydney mortgage event
23 February 2015
mortgagebusiness

Former RESI chief executive and industry veteran Lisa Montgomery will chair the 10th Annual Loan Origination Excellence 2015 event in Sydney this week as industry heavyweights meet to ...

Non-banks must unite, says Barnes' Rayner
23 February 2015
mortgagebusiness

Barnes Home Loans executive director Janelle Rayner has urged non-bank lenders to join forces to combat the strength of the big four.

Credit reporting takes effect
23 February 2015
mortgagebusiness

Lenders will soon be able to assess more of their clients’ credit history than previously, following last year’s changes to the Privacy Act.

Barnes brand to live on
20 February 2015
mortgagebusiness

Queensland mortgage manager Barnes Home Loans will not be rebranded following its acquisition by non-bank lender Homeloans Ltd.

Third party retains majority share of mortgage market
20 February 2015
mortgagebusiness

Research commissioned by the MFAA has revealed that mortgage brokers retained a majority share of the mortgage market in the December quarter.

Advisers write one in four new AMP home loans
20 February 2015
mortgagebusiness

AMP Bank has seen a significant increase in the use of AMP-aligned financial advisers as a distribution channel for the lender’s residential mortgages.

SME market gap an opportunity for brokers
20 February 2015
mortgagebusiness

Brokers are well placed to fill a critical gap in the growing SME space, according to a new study.

Big four ‘own’ 40 per cent of brokers
20 February 2015
mortgagebusiness

Australia’s mutual lenders have hinted at the need for a national mortgage broker register after estimating 40 per cent of loan writers are owned by the major banks.