Economy

Two members of the Bank of England’s key policymaking body broke ranks this month by voting for higher borrowing costs.

A re-engagement with the third-party channel is driving uplift in new settlements for MyState Limited.

Data insights company Veda has seen the number ‘red-flagged’ loan applications increase by 52 per cent in the two years to June 30.

The Actuaries Institute has highlighted key issues with home equity release products in its second submission to the Murray Inquiry.

A listed non-bank lender has recorded a fall in profits as market pressures squeeze margins.

The Finance Brokers Association of Australia (FBAA) says its upcoming conference is not restricted to members but open to all finance professionals.

An overwhelming majority of mortgage professionals believe vertical integration in mortgage broking creates conflicts of interest.

AMP Bank is seeing more new mortgages written through its financial advice channel.

Yellow Brick Road has opened seven new branches in Western Australia as it continues to broaden its operations.

Insurance giant QBE has announced plans for the partial float of its Australian lenders’ mortgage insurance business.