Lender

Join Alex Whitlock, Annie Kane and Charbel Kadib as they delve into the latest themes and developments in the home loan market.

Equipment finance lender Axsesstoday has completed a $260-million sale of most of its business and subsidiaries to an affiliate of Cerberus Capital Management LP.

Regulators could move to set caps on loan volumes for borrowers with high debt-to-income ratios if the housing market recovery continues to accelerate, according to analysts.

ASIC has defended the utility of its responsible lending guidance amid court rulings that have called into question current compliance practices. 

Better Choice Home Loans has launched a new 95 per cent LVR home loan product, which aims to help more first home buyers enter the property market.

Customer-owned banking institutions wrote $6.6 billion in the 2019 financial year, up 7.8 per cent from the previous year and outpacing growth from the major banks.

Join Alex Whitlock and Annie Kane as they delve into the latest themes and developments in the home loan market.

Non-bank lender Pepper Money has launched mortgage lending operations in New Zealand, headed up by director of sales and distribution Aaron Milburn.

The risks that prompted APRA’s initial crackdown on mortgage lending “have not gone away”, chair Wayne Byres has said, warning against a “resurgence in speculative activity”.  

The major bank will commence an “international search” for a new chief financial officer after announcing the retirement of Peter King.