Lender

Refinancing hits new record high: ABS
5 October 2022
Refinancing hits new record high: ABS

The value of owner-occupier refinances set a new record high in August, after $18.8 billion of mortgages were moved across lenders, according to new data.

Non-bank funder loses CEO amid ‘intense’ pressure
28 September 2022
Non-bank funder loses CEO amid ‘intense’ pressure

An ASX-listed business with a family office that funds a non-bank lender saw its share price plummet 14 per cent on Monday (26 September) after losing its second chief executive in two years

Greater Bank and Newcastle Permanent merger gets go-ahead
27 September 2022
Greater Bank and Newcastle Permanent merger gets go-ahead

Two mutual banks based in the Hunter Region of NSW are set to consolidate after the corporate deals were approved.

APRA green-lights neobank amid local failures
27 September 2022
APRA green-lights neobank amid local failures

The prudential regulator has extended a Chinese-founded neobank’s RADI on the back of neo-lender closures.

Aussie class action probe hinges on BID
26 September 2022
Aussie class action probe hinges on BID

EXCLUSIVE The feasibility study into a potential class action against Aussie Home Loans is rooted in best interest duty. 

1 in 5 Aussies prepared to lie for loans
23 September 2022
1 in 5 Aussies prepared to lie for loans

A damning new report has shone a light on the growing issue of multifaceted and complex loan-seeker fraud in the domestic mortgage market.

International borrowers wary of Aussie rate rises
20 September 2022
International borrowers wary of Aussie rate rises

Expats, visa holders and non-residents buying Aussie property should help create some market strength, but caution prevails after recent rate increases.

Effi partners WE Wumbo in broker-resident app
19 September 2022
mortgagebusiness

Smart broker platform, Effi, and ‘smart lifestyle’ management platform, WE Wumbo, have partnered to introduce ‘trusted broker’ profiles to thousands of residents, the companies state

Aussie hits back at class action claims
16 September 2022
Aussie hits back at class action claims

Aussie, ALI Group and the FBAA have responded to news that Shine Lawyers are investigating a class action against the major brokerage.

Non-bank in crosshairs of Japanese giant
16 September 2022
Non-bank in crosshairs of Japanese giant

A Japanese bank backed by a major conglomerate has upped its investment in an Australian non-bank lender with extensive relationships in the third-party channel.