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LATEST PODCAST: Could changes to responsible lending and stamp duty arrangements be on the horizon?

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

LATEST PODCAST: Could changes to responsible lending and stamp duty arrangements be on the horizon?
Responsible lending ‘pendulum’ has ‘swung too far’: Lowe

The Reserve Bank governor has criticised recent interpretations of responsible lending obligations, stating that banks should not bear total responsibility for a borrower’s failure to repay ...

Responsible lending ‘pendulum’ has ‘swung too far’: Lowe
Less than 1 in 5 NAB borrowers ditches deferrals

Almost 80 per cent of NAB customers on mortgage repayment deferrals opted to maintain existing arrangements following the bank’s “check-in”.

Less than 1 in 5 NAB borrowers ditches deferrals
ANZ to sell offsite ATMs

The major bank has signed an agreement for the sale of its offsite Australian ATMs to a cash management service provider.

ANZ to sell offsite ATMs
Parliamentary committee to grill RBA governor

Reserve Bank governor Philip Lowe has been called to appear before a parliamentary committee to face questioning over the central bank’s monetary policy response to the COVID-19 crisis.

Parliamentary committee to grill RBA governor
CBA profits dip 11%, offset by home lending spike

Above-system home lending volumes and record-high deposit growth have cushioned the COVID-induced hit to the major bank’s bottom line.

CBA profits dip 11%, offset by home lending spike
Lender to drop rates as borrowers pay off mortgage

Fintech lender Athena Home Loans has launched a new mortgage product that automatically drops variable rates for borrowers with P&I repayments as they pay down their home loan.

Lender to drop rates as borrowers pay off mortgage
LATEST PODCAST: Sharp lending recovery expected to be short-lived

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

LATEST PODCAST: Sharp lending recovery expected to be short-lived
Lender hikes home loan rates

A non-major bank has increased rates across both its owner-occupied and investment home loan offerings.

Lender hikes home loan rates
La Trobe Financial digitises commercial lending and valuation process

The non-bank lender has partnered with property valuation platform Valocity to help digitise and automate its commercial lending and valuation process.

La Trobe Financial digitises commercial lending and valuation process
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