Mortgage News for Industry Professionals | Australian Broker News
WEBAUSTRALIAN BROKER TALK. Australian mortgage news, featuring new lender products, developments in alt lenders, and all the news Australian mortgage brokers and finance experts need.
Bizcap charts month after month of double-digit origination growth
WEBEven before the COVID-19 pandemic swept the globe, small and medium sized businesses were struggling to secure the finance they needed to thrive from mainstream banks; for one lender, crafting an offering to help address SMEs’ plight – and being willing to lend to small businesses freely, even given the events of the last year – has resulted in the group seeing month after month of ...
Household Capital expands reverse mortgage offering
WEBReverse mortgage lender Household Capital is an Australian-owned, independent retirement funding provider founded in 2016. It has been offering its Household Loan reverse mortgage product through brokers, which allows property owners aged over 60 to access up to a maximum of $2 million. In December 2022, …
Bank of Queensland pledges to manage risks, improve its …
WEBBy Mina Martin. Jun 01, 2023 Share. The Bank of Queensland has entered into two separate enforceable undertakings with two regulators to improve its compliance with Australia’s anti-money laundering and counter-terrorism financing (AML/CTF) laws and to rectify serious failings in its risk management.
Meet Coposit, the start-up that could revolutionise how first home ...
WEBA new product is set to hit the market that could revolutionise the way that first home buyers enter the market, with start-up Coposit set to launch its new app.
New-to-market brokers facing lead generation challenge
WEBBy Mina Martin. Mar 30, 2023 Share. New-to-industry brokers are facing the significant challenge of generating leads in a volatile market according to REFS Australia mentor Debbie Hutchings. She said industry participants needed to ensure they were skilled as much in business development as technical lending to maximise their chances of success.
Westpac unveils green loan amid strong quarterly results
WEBWestpac delivers strong quarterly performance. Westpac’s sustainable upgrades loan follows the bank’s recent work being joint lead manager on the first issuance under the Australian Government Green Bond Framework, a $7 billion 10-year sovereign green bond. This, along with several other initiatives, helped Australia’s second largest ...
Reverse mortgages back in vogue | Australian Broker News
WEBSentinel is the biggest provider of reverse mortgages in New Zealand, with a market share of around 80%. The deal is to be settled on 1 April. FMS does the mortgage processing for Sentinel and Macquarie. Evans said having new players to the market is a good sign. “You know funders are okay with the market when they start funding reverse ...
First dedicated over 55s home loan lender launches
WEBMar 10, 2022 Share. Launching next month, new fintech home loan provider Boomer Home Loans, are designed to be Australia’s first specialist home loan lender for over 55s. The company is based in Perth and will be offered to customers nationally. Boomer Home Loans addresses the financial challenges faced by many older Australians by providing ...
CUA becomes Great Southern Bank | Australian Broker News
WEBBy Mike Wood. Jun 02, 2021 Share. Australia’s biggest customer-owned bank has undergone a full rebrand, with Credit Union Australia (CUA) becoming Great Southern Bank. The move comes on the 75th anniversary of the formation of CUA, and according to their CEO Paul Lewis, the renaming was a product of …
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