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New lender partners with thousands of brokers

A new non-bank lender is making waves in the commercial mortgage space after writing more than $400 million worth of deals in its first year.

mortgagebusiness
La Trobe Financial picks up prestigious title

La Trobe Financial has scooped up a national award for the seventh consecutive year.

mortgagebusiness
P2P lenders to offer mortgage products

The co-founder of a leading peer-to-peer lender is confident that marketplace lenders will enter the home loan market within the next five to 10 years.

mortgagebusiness
Home loan repricing ‘unsustainable’, says J.P. Morgan

A mortgage market analyst believes Australian banks will not be able to continue getting away with hiking their rates and will need to consider ways of reducing distribution costs.

mortgagebusiness
Lending officer cops permanent ban

ASIC has banned a former lending officer of a boutique aggregator from engaging in any credit activities following an investigation and subsequent administrative hearing.

mortgagebusiness
Low rates 'the new normal': Kolenda

The continuing impact of the global financial crisis (GFC) means interest rates will remain around their current historical lows for the next decade, according to 1300HomeLoan’s managing ...

mortgagebusiness
La Trobe credit fund passes $1 billion milestone

La Trobe Financial’s retail credit fund has surpassed a $1 billion milestone after delivering significant wealth for its investors.

mortgagebusiness
CBA to refund $80 million after failing to apply mortgage benefits

CBA will refund approximately $80 million to around 216,000 customers as compensation for failing to apply fee waivers, interest concessions and other benefits since 2008.

mortgagebusiness
CBA to continue innovating ‘at the edge’

The Commonwealth Bank must adopt a stance of “constructive paranoia” in the face of digital disruption, according to the bank’s chief financial officer.

mortgagebusiness
ANZ makes senior management change

ANZ has appointed an acting managing director of global markets following the resignation of Steve Bellotti.

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