Lender

A non-major has increased mortgage rates for both new owner-occupier and investor borrowers by up to 25 bps, in a bid to enhance turnaround times.

The NHFIC has launched an online questionnaire to help first home buyers assess their eligibility for the government’s first home loan deposit scheme.

Mortgage Business Spotlight: Delving into all facets of the services and products available to mortgage brokers.

The former director and chief executive officer of a credit union has appeared in court facing criminal charges relating to alleged breaches of the Corporations Act and Criminal Code, ...

Over the past 12 months, the finance industry has been through significant upheaval. The banking royal commission, stricter responsible lending guidelines from ASIC and the introduction of ...

The embattled major bank has recorded a multibillion-dollar contraction in its home lending portfolio, with volumes falling via both its owner-occupied and investor segments.

The non-major bank has attributed growth in its share of the mortgage market to a targeted effort to reduce processing times for home loan applications.

The major bank has continued to reshuffle its executive team in the aftermath of revelations that it contravened anti-money laundering and counter-terrorism financing laws.  

Investors that have opted in to Westpac’s capital raising will be offered a refund in light of AUSTRAC’s decision to launch civil proceedings against the bank. 

The combined growth of mutual banks has far outpaced the majors, having experienced loan book growth at over four times the rate of growth of the big four, according to KPMG.