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SME lender changes name to reflect new vision
19 July 2019
SME lender changes name to reflect new vision

Lending Express has been rebranded to Become to reflect that it offers “much more than just speed” to small businesses in need of funding. 

Mortgage commitments rising despite slip in home ownership
18 July 2019
For sale sign

An increasing number of Australians are tied to a mortgage, despite a fall in the home ownership rate, new ABS data has revealed.

CBA writes $150m sustainability loan
18 July 2019
Gold Coast Airport

The Commonwealth Bank of Australia has agreed to provide $150 million of debt funding to Queensland Airports Ltd, with $75 million committed in an “Australian first” sustainability-linked ...

Non-majors lower rate floors, undercut majors
17 July 2019
Macquarie building

Two non-major banks have reduced their interest rate floors for home loan serviceability assessments, following moves from ANZ and Westpac.

Brokers closing more loans despite increase in application complexity
16 July 2019
Brokers closing more loans despite increase in application complexity

Promoted by FileInvite.Report shows brokers are closing twice as many loans using FileInvite.

Ezidox maker acquires e-conveyancing marketplace
16 July 2019
Ezidox maker acquires e-conveyancing marketplace

The maker of Ezidox has announced the acquisition of e-conveyancing marketplace Titlexchange.

Big four bank updates home lending policy
15 July 2019
Big four bank updates home lending policy

A major bank has revised its interest rate floor and buffer in response to APRA’s recent regulatory amendments.

Lenders blasted for ‘consistently failing’ consumers on CCI
11 July 2019
Lenders blasted for ‘consistently failing’ consumers on CCI

The design and sale of consumer credit insurance has “consistently failed consumers”, ASIC has said as it announced enforcement action against several lenders, called for customer ...

ASIC insists it won’t toughen lending guidance
11 July 2019
ASIC

The corporate regulator has stressed that it will not be “increasing requirements” as part of an update to its responsible lending guidance.

La Trobe unveils new investor product
11 July 2019
Apartments

The non-bank lender has announced the launch of a new product aimed at providing property investors with a “stable source of monthly income” in a “low-yield world”.