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Sep 29 2020
The non-bank lender has completed its second RMBS transaction for 2020, with the underlying mortgage pool differing from the usual issuance.
Sep 28 2020
The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.
Sep 28 2020
Consumer groups have blasted the federal government’s proposal to remove responsible lending laws from the NCCP, claiming the move has “disaster written all over it”.
Sep 25 2020
The federal government has unveiled a plan to overhaul responsible lending laws by shifting from a “lender beware” model to a “borrower responsibility” model and stripping ASIC of its ...
Sep 25 2020
Symple Loans has partnered with PwC Australia to implement a solution to prevent loan application fraud.
Sep 24 2020
The major bank has reached a settlement with AUSTRAC to pay a record $1.3 billion penalty for over 23 million breaches of anti-money laundering and counter-terrorism financing laws.
Sep 24 2020
A mutual lender has signed a deal with a fintech lender to provide them with an initial $300 million in home loan funding.
Sep 24 2020
The major banks’ senior economists are expecting the Reserve Bank to cut rates further by as soon as next month.
Sep 24 2020
A non-major lender has announced that it has temporarily ceased accepting new loan applications with loan-to-value ratios over 90 per cent as part of a move to clear a backlog of loans.
Sep 22 2020
La Trobe Financial’s chief investment officer has suggested that while Australia is suffering from a “molasses” economy due to COVID-19, the impact on the housing market has been “benign”
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