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Banks launch ‘new offensive in the war on scams’

A fraud protection endeavour has been launched, including a $100 million investment to create a new confirmation of payee system.

RedZed settles $500m RMBS

The non-bank lender has announced the completion of its third transaction of 2023.

Australian mutuals outperform broader banking sector 

The mutuals have achieved a greater increase in total gross loans than other ADIs, according to KPMG’s Mutuals Industry Review 2023.

Westpac subsidiaries added to government guarantee scheme

Three Westpac subsidiaries have joined the lender panel of the government’s Home Guarantee Scheme that enables Australians to access LMI-free mortgages.

Home loans the top reason for hardship 

Lenders are being urged to improve their hardship services with an increasing number of Australians needing assistance.

Major bank scraps deputy CEO position 

The major bank has revealed it will enter 2024 with a reshaped executive leadership team as its deputy chief executive position has been made redundant.

ANZ unveils digital home loan

The major bank has announced the launch of a new digital home loan.

Retiree lending specialist joins Finsure’s panel

The aggregator’s brokers now have access to financing solutions for senior clients, with the new addition to its lending panel.

MA Money completes $500m RMBS

The non-bank lender has announced the completion of its first-ever RMBS transaction.

LATEST PODCAST: Mortgage debt surges above $2.2tn

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