Lender

The big four bank has reclaimed its title as Australia’s third-largest mortgage lender after strong home loan growth, particularly from the broker channel.

Two non-bank lenders have settled RMBS deals and another has doubled the funding capacity of a warehouse facility.

Bluestone, with its parent company Cerberus Capital Management, has agreed to supply fintech lender Athena Home Loans with $2 billion in funding.

New loan commitments soared to a record high in March, driven by a surge in investor lending, which accounted for more than half the increase, according to new data.

A mutual bank has welcomed 3,000 new members after completing its merger with a credit co-operative.

Growth in owner-occupied lending bumped up the major bank’s mortgages book by $2.6 billion in 1HFY21, but this was partially offset by lower investor lending, it reported.

A big four bank has said that it will donate $1 million to World Vision Australia’s India COVID-19 Appeal to help with “the unfolding health crisis” there.

Investor lending grew at double the rate in March compared with February, but owner-occupied lending continued to outpace investor lending, new APRA data shows.

Several more non-major banks have extended out their cashback offers for refinances, as lenders continue to compete for mortgage flows.

A Brisbane-based lender has set a new record for the largest residential mortgage-backed securities issue by an Australian non-bank.