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Pepper prices $750m RMBS

The non-bank lender has priced its seventh residential mortgage-backed security transaction, taking funds raised this year to over $5 billion.

Pepper prices $750m RMBS
TMBL loan book grows 10% in a year

Teachers Mutual Bank Limited’s balances totalled $8.5 billion at the end of financial year, up 9.9 per cent on last year, the banking group has revealed.

TMBL loan book grows 10% in a year
Resimac cuts turnarounds to 2 days

The non-bank lender has enhanced its loan origination system and made changes based on channel feedback to better benefit brokers and customers.

Resimac cuts turnarounds to 2 days
APRA revokes French bank’s licence

BNP Paribas Securities Services’ authorised deposit-taking institution (ADI) licence has been terminated, post-restructure.

APRA revokes French bank’s licence
Refinancing hits new record high: ABS

The value of owner-occupier refinances set a new record high in August, after $18.8 billion of mortgages were moved across lenders, according to new data.

Refinancing hits new record high: ABS
Non-bank funder loses CEO amid ‘intense’ pressure

An ASX-listed business with a family office that funds a non-bank lender saw its share price plummet 14 per cent on Monday (26 September) after losing its second chief executive in two years

Non-bank funder loses CEO amid ‘intense’ pressure
Greater Bank and Newcastle Permanent merger gets go-ahead

Two mutual banks based in the Hunter Region of NSW are set to consolidate after the corporate deals were approved.

Greater Bank and Newcastle Permanent merger gets go-ahead
APRA green-lights neobank amid local failures

The prudential regulator has extended a Chinese-founded neobank’s RADI on the back of neo-lender closures.

APRA green-lights neobank amid local failures
Aussie class action probe hinges on BID

EXCLUSIVE The feasibility study into a potential class action against Aussie Home Loans is rooted in best interest duty. 

Aussie class action probe hinges on BID
1 in 5 Aussies prepared to lie for loans

A damning new report has shone a light on the growing issue of multifaceted and complex loan-seeker fraud in the domestic mortgage market.

1 in 5 Aussies prepared to lie for loans
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