Lender

EXCLUSIVE The ‘father’ of residential mortgage-backed securities in Australia, Vernon Spencer, reveals the origin story of how securitisation was developed in Australia.

The non-major bank has announced it has slashed turnaround times and has launched a digital application process for customers looking to increase their loan size.

The $1 billion residential mortgage-backed security program is the inaugural transaction for the recently merged mutual bank.

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

Two customer-owned lenders have announced that they intend to merge, with member votes expected later this year.

As a broker-only brand built purely for supporting brokers in niche lending, Granite offers an innovative SMSF product with features that set it apart from competitors.

A book of approximately NZ$1.4 billion prime New Zealand mortgages have been bought by the non-bank lender from HSBC.

Australia’s banks issued just under $3 billion in owner-occupied mortgages in July, two thirds less than the month before, according to new data.

After achieving its strongest-ever loan book growth in the financial year 2023, partly driven by brokers, the lender has said it will look to achieve ‘modest growth’ in FY24.

The non-bank has priced a $850 million residential mortgage-backed security transaction, which will be used to support its non-conforming mortgage business growth.