Lender

Specialist mortgage lender for self-employed borrowers Rate Money has surpassed $1 billion in settled loans 18 months after launching.

Freshly appointed AMP chief Alexis George has flagged ambitions for the banking business, with brokers expected to continue feeding most of its growth.

New loan settlements were down across four states in July, but refinance settlements continued their strong run, according to new figures.

The lender has priced its third public securitisation for 2021 for $850 million.

The lockdowns across Australia are expected to slightly soften the mortgage market but not for long, CBA’s chief has said, as repayment deferral requests have started to drop off.

The non-bank lender has released two new investment products within its credit fund range for property investors.

ANZ has promoted an institutional executive to chief financial officer, to commence from October.

Although total lending slipped at Suncorp, new housing loans were up, boosted by efforts to improve the broker experience.

The SA-based lender has launched its first fixed rate construction loan to help more borrowers manage costs when building their homes.

La Trobe Financial has priced its second residential mortgage-backed securities transaction for 2021, after upsizing it from $750 million to $1.25 billion.