Lender

The major bank has announced the launch of a new digital home loan.

The aggregator’s brokers now have access to financing solutions for senior clients, with the new addition to its lending panel.

The non-bank lender has announced the completion of its first-ever RMBS transaction.

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The bank’s head of broker partnerships has been appointed the acting executive general manager of home lending, effective 4 December.

The mutual bank has held its first annual general meeting following the merger earlier this year.

While the upcoming 2025 digital bank won’t house a specific lending division, it’s expected to bolster the bank’s current lending capabilities.

The incorporation of Suncorp Bank would not “substantially lessen competition in any relevant market”, the major bank has stated.

The non-major bank has selected its CRM provider ahead of the launch of its broker offering and new mortgage origination system.

The major bank’s home loan balance fell $4.5 billion in the September quarter, with a drop-off in broker-introduced loans.