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Mortgage competition enhanced with non-bank CDR inclusion
2 December 2022
Mortgage competition enhanced with non-bank CDR inclusion

Consumer Data Right’s ‘open banking ecosystem’ has been extended to include non-bank lenders, Treasury has announced.

Firstmac completes auto bond issue for ‘eco-conscious’ borrowers
2 December 2022
Firstmac completes auto bond issue for ‘eco-conscious’ borrowers

The non-bank lender completed a $457 million auto bond issue adding to its range of eco-conscious offerings for borrowers and investors.

No annual fees for the life of the loan
1 December 2022
No annual fees for the life of the loan

December special for applications received and approved this month settling on or before 1st of March 2023.

Resident loans continue lending growth but slower: APRA
1 December 2022
Resident loans continue lending growth but slower: APRA

Amid continued tight economic times, loans for owner-occupied housing increased $7.6 billion (0.6 per cent) in October, monthly APRA ADI data has revealed.

Submission deadline extended for Mortgage Business Awards
1 December 2022
Submission deadline extended for Mortgage Business Awards

Members of the third-party distribution channel now have until 8 December to enter the inaugural Mortgage Business Awards, so get your video submission in now!

85% LVR with no mortgage insurance & no risk fee
30 November 2022
 85% LVR with no mortgage insurance & no risk fee

December special for applications received and approved this month settling on or before 1st of March 2023.

Non conforming loans – Specialist
30 November 2022
Non conforming loans – Specialist

December special for applications received and approved this month settling on or before 1st of March 2023.

Wisr obtains additional $25m facility
30 November 2022
Wisr obtains additional $25m facility

The non-bank lender has secured a $25 million debt facility and has progressed towards securing a warehouse facility with one of the big four banks.

Head of BOQ exits
28 November 2022
Head of BOQ exits

Bank of Queensland has announced that it is searching for a new head as “different leadership is now required”.

Mutuals’ positivity persists despite headwinds ahead: Report
28 November 2022
Mutuals’ positivity persists despite headwinds ahead: Report

Continued size, staff, demographic, and economic challenges for mutual banks lie in wait, a KPMG survey has highlighted.