Powered by MOMENTUM MEDIA
Mortgage business logo

Lender

Pallas Capital recruits group executive

The non-bank lender has announced the appointment of Jason Arnold as its new group executive — origination.

Latitude turns away new customers as cyber attack persists

The non-bank has confirmed it is has stopped onboarding new customers as a major cyber attack remains active.

‘Let’s be clear. This is an emergency rescue’: UBS

Swiss banking giant UBS has confirmed that it will acquire embattled lender Credit Suisse in a transaction that has been structured to maintain what value is left of the business.

AMP completes sale of remaining AMP Capital business

The first stage completion of the sale and transfer of AMP Capital’s real estate and domestic infrastructure equity business to Dexus Funds Management will occur this week.

Customer-owned banks make up 5.6% of mortgage lending

A KPMG report has found that customer-owned banks are responsible for almost 6 per cent of mortgage lending in Australia. 

Non-banks increase high LTI lending: RBA

Non-banks increased their exposure to higher loan-to-income (LTI) mortgages after banks were forced to tighten serviceability buffers, according to the Reserve Bank of Australia (RBA).

Credit Suisse borrows $80bn from central bank

The troubled investment bank will borrow approximately $80 billion from Switzerland’s central bank amid ongoing liquidity concerns.

‘First domino to fall’: BlackRock mulls banking crisis

BlackRock chairman Larry Fink is concerned that recent turmoil in the US banking sector could be the beginning of a slow-moving crisis among lenders.

Only 1/5 borrowers would approach brokers for green loans

A survey has revealed that borrowers are not turning to brokers when seeking a green home loan and are opting for a DIY approach.

Latitude cyber attack claims 100,000 customer drivers' licenses

ASX-listed lender Latitude Financial Group has been hit by a cyber-attack believed to have originated from a major vendor of the company.

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