Lender

An anticipation of future claims outcomes stemming from the economic impacts of COVID-19 has seen the mortgage insurer’s underlying profit plummet by almost 190 per cent.

The non-bank lender has launched a residential SMSF loan product with both variable and fixed-rate options.

The major bank has launched a green loan pilot program to enable its customers to purchase and install renewable technology.

The non-major bank has announced the appointment of a non-executive director, effective in March.

Borrowers wishing to apply for a reissued First Home Loan Deposit Scheme place from 2019-20 must apply before 30 June, the NHFIC has revealed.

The non-major lender has announced that it has reduced selected rates for new loans across its owner-occupier and investment range.

The residential mortgage book at AMP Bank held at $20 billion in FY20, but profits dropped 20 per cent, according to full-year results.

Mortgage and business lending both rose in 1H21, but the major bank’s profit dropped 20 per cent as a result of low interest rates and the COVID pandemic, according to new figures.

The non-bank lender has announced the pricing of its $1.5-billion RMBS, its largest issuance to date.

There are now an average of 107 capital city suburbs where the median value of property meets the FHLDS thresholds, according to CoreLogic.