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APRA lashes longstanding mutual bank directors
29 March 2022
APRA lashes longstanding mutual bank directors

The prudential watchdog has expressed concerns about “excessive tenure” on mutual banks’ boards, with the average director sitting for at least a decade.

RedZed integrates fintech’s mortgage product
29 March 2022
RedZed integrates fintech’s mortgage product

The lender has named PwC Australia as the delivery partner that assisted in the development of this arrangement with nCino.

LATEST PODCAST: Both major parties unveil housing programs
28 March 2022
LATEST PODCAST: Both major parties unveil housing programs

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

Heritage slams Suncorp branch closures
28 March 2022
Heritage slams Suncorp branch closures

Suncorp is set to close a number of branches, with rival Heritage Bank blasting the move and claiming it is “placing profit ahead of customers”.

Pepper prices $500m in latest RMBS transaction
28 March 2022
Pepper prices $500m in latest RMBS transaction

The non-bank has confirmed this second public securitisation for the year brings its total public market funding to $1.5 billion.

Funding names chief revenue officer
28 March 2022
Funding names chief revenue officer

Mortgage marketplace Funding has recruited its first chief revenue officer, as it ramps up for growth.

Making news this week (week ending 25 March)
25 March 2022
mortgagebusiness

  Discover some of the top news stories impacting the mortgages space in this wrap-up for the week ending 25 March. You can read the full stories here: Housing affordability inquiry says ...

South West Credit, Beyond Bank edge closer to merger
25 March 2022
South West Credit, Beyond Bank edge closer to merger

Beyond Bank and South West Credit have confirmed there is only one hurdle left for their consolidation, after the majority of the credit union’s members voted yes.

Bank doubles its market share for 1st-time buyers
25 March 2022
Bank doubles its market share for 1st-time buyers

Great Southern Bank has doubled its market share and lending to first-time buyers from a year earlier and signalled an uptick in broker-secured loans.

Bluestone hires specialist distribution head
22 March 2022
Richard Chesworth

Bluestone Home Loans has filled a newly created role, leading distribution of specialised lending products, as the lender has indicated plans to expand its offerings.