Lender

The non-bank lender’s home loan settlements dropped 32 per cent in the half year ended December 2022, as prime borrowers flock to banks.

New research released by AMP Bank has indicated that mortgagors are taking measures to cushion the blow of rising interest rates.

The major bank announced it has lifted its RBA cash rate forecast from 3.85 per cent to 4.1 per cent.

A record $1.6 billion of home loans were settled by the non-major bank in the first half of the 2023 financial year, as it expanded its presence in the eastern seaboard.

The non-bank lender reported a new “record” to its total loans for the 2022 calendar year.

The 14th annual Third-Party Lending Survey has launched, with mortgage and finance brokers being called up to review the performance of lenders this past year.

Australians unhappy with their bank should ‘switch’ for better deposit and mortgage rates, the central bank has advised.

The group announced that its current chairperson Geoff Ricketts has decided to step down for an indefinite period due to ill health.

The non-bank lender has announced three new appointments to its Brisbane team as it looks to enter the Queensland market.

Pepper Money has started its RMBS pricing strategy strongly this year, the non-bank lender has reported.