Lender

ME Bank has appointed two new members to its board following the retirement of its non-executive director.

A new digital lending and payments provider that offers residential and commercial lending has entered the market.

The lender has made out-of-cycle rate reductions of more than 1 per cent on some of its home loan products.

Both owner-occupier and investment loans recorded an uptick in November 2020, in line with the recent rebound in housing prices, according to new data.

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

APRA has granted a new foreign authorised deposit-taking institution licence to an Italian banking group.

Record-low interest rates and a rush demand may result in a buying “frenzy” this year, according to ME Bank’s head of home loans.

Given the turbulent and “unprecedented” 2020, we asked lender heads what they predict would be in store for the industry in 2021.

Two more women have been appointed to the RBA’s board, making it “gender-balanced for the first time in history”, according to Treasurer Josh Frydenberg.

Promoted by IG