Powered by MOMENTUM MEDIA
Mortgage business logo

Lender

Heritage and People’s Choice secures $1bn RMBS deal

The $1 billion residential mortgage-backed security program is the inaugural transaction for the recently merged mutual bank.

LATEST PODCAST: Spring selling season starts slightly softer than expected

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgage market.

Beyond Bank and First Choice Credit Union announce intention to merge

Two customer-owned lenders have announced that they intend to merge, with member votes expected later this year.

SMSF Lending Made Easy with Granite

As a broker-only brand built purely for supporting brokers in niche lending, Granite offers an innovative SMSF product with features that set it apart from competitors.

Pepper buys prime loan portfolio from bank

A book of approximately NZ$1.4 billion prime New Zealand mortgages have been bought by the non-bank lender from HSBC.

Owner-occupied growth drops more than 60%: APRA

Australia’s banks issued just under $3 billion in owner-occupied mortgages in July, two thirds less than the month before, according to new data.

Auswide celebrates record loan book increase

After achieving its strongest-ever loan book growth in the financial year 2023, partly driven by brokers, the lender has said it will look to achieve ‘modest growth’ in FY24.

Pepper prices upsized $850m RMBS

The non-bank has priced a $850 million residential mortgage-backed security transaction, which will be used to support its non-conforming mortgage business growth.

ASIC urges banks to improve customer hardship support

In an open letter to 30 large lenders, the corporate watchdog has urged them to step up their support for customers grappling with financial hardship.

Resimac strives for further asset finance growth in FY24

The non-bank lender has said it is targeting $1 billion in asset finance settlements in the financial year 2024, along with greater operational efficiency and digital transformation.

brokerpulse logo

 

Join Australia's most informed brokers

Do you know which lenders are providing brokers and their customers with the best service?

Use this monthly data to make informed decisions about which lenders to use. Simply contribute to the survey and we'll send you the results directly to your inbox - completely free!

brokerpulse graph