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‘No injury’ can be done to royal commission witnesses
13 February 2018
mortgagebusiness

Any witnesses giving evidence or producing a document for the royal commission into misconduct will be protected from litigation and injury, the commissioner has said.

First royal commission hearing to focus on home loans
12 February 2018
mortgagebusiness

The first hearing of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry will look at home lending.

APRA ‘not declaring victory’ over mortgage lending
12 February 2018
mortgagebusiness

The prudential regulator says that while its curbs on investor and interest-only mortgages are a short-term solution, the battle for a more balanced mortgage market is not over yet.

ANZ and Westpac refund millions to customers
8 February 2018
mortgagebusiness

The major banks will refund a total of $21.5 million to eligible credit card customers, a report from the Australian Securities and Investments Commission has revealed.

NAB backs new payday lender
6 February 2018
mortgagebusiness

The big four bank has backed a new online cash loan platform that aims to provide borrowers with up to $2,000 in two days.

Finsure acquires Nationalcorp’s portfolio
6 February 2018
mortgagebusiness

Aggregation company Finsure has acquired the portfolio of wholesale mortgage manager Nationalcorp Home Loans, bringing the aggregator’s total book to $30.6 billion.

CBA probe uncovers ‘issues’ with board influence
2 February 2018
mortgagebusiness

APRA’s inquiry into CBA’s “fall from grace” has so far revealed “issues” with the influence of the board and senior executives on the bank’s culture, and the complexity of policies and ...

String of scandals could ‘tarnish’ new CBA boss
1 February 2018
mortgagebusiness

Banking analysts have shared their hopes and fears for the Commonwealth Bank following the surprise appointment of retail banking boss Matt Comyn as the group’s new chief executive.

Why positive credit reporting is such a big deal for our industry
31 January 2018
mortgagebusiness

Promoted by I take a look at my credit report every year. It’s interesting.

Liberty acquires P2P lender
31 January 2018
mortgagebusiness

Non-bank lender Liberty has acquired online marketplace lender MoneyPlace, just days after Auswide Bank divested its stake from the platform.