Lender

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.

The non-major bank has announced that it will cease offering personal loans as it moves to have a “greater focus on home lending”.

The non-major bank’s home loan portfolio rose 9 per cent between September and December 2020, closing the calendar year at $62.6 billion.

The non-bank lender has seen its market capitalisation increase by more than half a billion dollars since listing on the ASX.

Governor Philip Lowe has said that the central bank will continue to focus on lending standards and hold discussions with regulators if they were to deteriorate.

Higher settlements and improved broker productivity have increased the global real estate group’s financial services business’ operating revenue, but it was offset by a non-cash valuation ...

The big four banks have each announced disaster relief packages available to customers impacted by bushfires in WA.