Lender

Home values held steady this week in all but one capital city, according to the latest CoreLogic data.

The gap between deposit and lending rates in Australia is “excessive”, the CEO of a peer-to-peer lender has said.

A Brisbane-based property development group has launched a new lending division to help first home buyers access low-deposit mortgages.

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.

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

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.

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.

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.

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

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 ...