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Majors target cyber scams

Two major banks have warned customers against cyber scams and have taken measures to prevent them.

NAB, CBA confirm head of broker changes

The heads of broker distribution at two major banks have left their roles, with acting heads moving to head up the channel in the interim.

Bank mortgages down $12bn in March quarter

Around $133 billion of new home loans were funded by banks in the first three months of the year, a drop of nearly 9 per cent, new APRA stats show.

Mortgage industry veteran Huw Bough to retire

The banking executive, who has been in the mortgage industry for more than 25 years, is set to retire at the end of this week.

MA Financial expands asset management division

The group has announced the appointment of Anthony Habis as managing director and head of real estate partnerships in its asset management division.

LATEST PODCAST: The housing headache

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

BOQ chairman flags ‘challenges’ in operating environment

The non-major bank’s newly appointed chairman has written to shareholders flagging “a number of challenges in the current operating environment for both the bank and for [its] customers”

ING lifts investment loan LVR

The non-major bank has announced an increase in the maximum LVR for investment purposes.

Non-majors begin pulling back cashbacks

Two non-major banks have become the latest lenders to confirm they will be pulling their cashback offers from market in the coming weeks.

AMP makes changes to executive team

The financial services group has announced a number of executive changes as part of an ongoing effort to streamline its business.

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