Lender

A new partnership exploring how the build-to-rent-to-buy (BtRtB) model could help at-risk and vulnerable women become home owners is underway.

The government has called for the Council of Financial Regulators to bring forward a review of lending practices after “conservative” lending practices were flagged.

The non-bank lender has announced the appointment of two new managing directors.

The value of new home loans pivoted upwards after three months of freefall, according to the latest ABS data.

The mutual bank’s chief is set to step down later this year to lead a federal government commission.

The ASX-listed lender has proposed to buy the consumer finance division from buy now, pay later provider Humm, for $335 million.

The government grant to support home construction received a total of 137,621 applications, with the majority coming from Victoria, Treasury has revealed.

A bank specialising in capital markets and investment and corporate banking has been granted a licence to operate in Australia.

Despite a trend of banks closing branches, the non-major bank has opened its second bricks-and-mortar branch in NSW in as many months.

Brighten Home Loans has been named an Inclusive Employer by not-for-profit Diversity Council Australia, after reaching 41.4 per cent female representation in its leadership.