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Resimac reports drop in payment deferrals
16 November 2020
Resimac reports drop in payment deferrals

The non-bank lender has reported a significant decline in the number of customers on loan payment deferrals, and a slight rise in home loan AUM.

Bank chair retires, successor appointed
16 November 2020
Bank chair retires, successor appointed

Auswide Bank has announced that its chairman will retire at the end of the year, with a new successor named to replace him.

Owner-occupiers drive housing finance bump: CoreLogic
13 November 2020
Owner-occupiers drive housing finance bump: CoreLogic

Owner-occupiers and first home buyers have powered a rise in housing finance, while Queensland has taken the lead in housing finance growth, according to new data.

CBA profits dropped in 1Q21 but book continues to grow
12 November 2020
CBA profits dropped in 1Q21 but book continues to grow

The major bank’s book continued to grow in the three months to September, but profits dropped 16 per cent as loan loss provision increase due to COVID.

Pepper announces 4th RMBS since June
12 November 2020
Pepper announces 4th RMBS since June

The non-bank lender has priced its third non-conforming securitisation and fourth RMBS deal since June.

More lenders cut rates after RBA’s move
11 November 2020
More banks cut rates after RBA’s move

More lenders have announced changes to their interest rates for home loan and small-business customers after the RBA decided to cut the official cash rate last week.

P&N Bank makes executive appointments
11 November 2020
P&N Bank makes executive appointments

P&N Group has appointed a chief information officer and a chief people officer to its executive team as the group implements its new five-year strategy.

Loan repayments cheaper than rent: Aussie
10 November 2020
Loan repayments cheaper than rent: Aussie

Borrowers are paying less in their home loan repayments across more than half of all suburbs than they would if they rented in the same suburb, according to a new report.

More lenders open FHLDS (New Home) applications
10 November 2020
More lenders open FHLDS (New Home) applications

More non-major lenders have announced that they have begun accepting applications for the First Home Loan Deposit Scheme (New Homes) from this week.

LATEST PODCAST: Consumer credit reforms and RBA action
9 November 2020
LATEST PODCAST: Consumer credit reforms and RBA action

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