Lender

While Helia has provided the major bank with its lenders mortgage insurance for the past 50 years, the major bank is set to put out a new tender.

Following a review of the New Zealand mortgage market, the non-bank lender has decided to cease receiving home loan applications from NZ clients.

The bank has named its next CEO, along with announcing the retirement of four board directors.

To support a growing sector of commercial brokers, the non-bank lender has appointed an inaugural national commercial BDM.

The latest report from the non-major bank has found more elderly financial abuse victims “suffer in silence” and are uncertain about seeking support.

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgage market.

The lender has named its new CEO set to enter the role in late July.

Although growth has weakened, residential mortgage growth continues to perform above pre-pandemic levels, APRA has revealed.

Continuing the bank’s digital transformation, AMP Bank has partnered with MSA National.

A memorandum of understanding has been signed between the two mutual lenders to investigate the potential of a merger.