Lender

Non-bank lender WLTH has officially launched a $15 million funding round as it looks to close a corporate merger deal with a payments platform.

The open banking fintech has hired its inaugural chief operating officer, appointing the former Equifax head of open data products and strategy.

The big four bank has recorded a “considerably lower” net interest margin in the last quarter, despite gaining $10.1 billion in new home loans.

A neobank and two fintech lenders have pointed to problem areas in the home loan process, which they believe are holding the industry back.

Promoted by Capital Bridging Finance. With fixed-rates home loans on the rise, one lender is bucking the trend with a 25-basis point reduction.

The prudential cop has proposed the use of a new capital buffer for the banks, to add to its clampdown on risky lending.

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

The lender has become the latest big four bank to increase its fixed interest rates.

HomeStart has recruited a Bank of Queensland executive to become its new chief risk officer.

The prudential regulator has outlined the next intervening steps it could take, as housing prices and debt levels continue to climb.