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.
RedZed passes $5bn in originations | Australian Broker News
WEB“The second thing is delivering the same customer experience that we used to be able to deliver when we were smaller, but at scale. All of our key customer measures, like turnaround times and time to answer calls, which we keep a fanatical eye on, stay true even though we’ve settled $200m in July.
Consumer-owned banks dominate Australia in 2021 World’s Best …
WEBBy Mike Wood. Apr 19, 2021 Share. Consumer-owned banks have topped the list of Australia’s best banks, taking up four of the top five places on the prestigious Forbes list. Newcastle Permanent was named as the second-best bank in Australia and the best of all banks that are owned in Australia. ING Group, which operates in Australia but is ...
Latest Mortgage Brokers Industry News | Australian Broker News
WEBPodcast: How brokers can diversify while remaining specialised. From rate changes to lender shakeups, the mortgage broker industry is constantly changing. Get the latest updates here.
Mortgage broker market share hits new record high
WEBNov 30, 2021 Share. New data published by the Mortgage & Finance Association of Australia (MFAA) has revealed that brokers now write two-thirds of all home loans in Australia, a new record mortgage broker market share. The milestone was the result of a 6.8% leap in market share, leaving the total percentage …
7 Strategies to help brokers remain competitive
WEBBe more efficient. It’s all going well: you’re making deals, keeping the customers happy and the trail book is growing. Many mortgage brokers know how that feels at the moment, with the Australian property market and ultra low interest rates keeping those commissions flying in. But remaining competitive as a broker isn’t just about ...
Melbourne Securities settles ASIC infringement notice on Bloom …
WEBFeb 29, 2024 Share. Melbourne Securities Corporation Limited has settled an infringement notice issued by the Australian Securities and Investments Commission (ASIC), paying $13,320. ASIC alleged that Melbourne Securities made misleading statements regarding its Bloom Climate Impact Fund. In the period of March 2022 to June 2023, Melbourne ...
Interest rate cut expected soon | Australian Broker News
WEBBanks predict earlier rate cuts. Major banks, including Westpac and Commonwealth Bank, anticipate the RBA could lower rates even before inflation returns to the target range of 2% to 3%. These forecasts suggest the first rate cut could come as soon as November, with additional cuts expected by mid-2024.
New non-bank lender Wave Money launches - Broker News
WEBMar 08, 2022 Share. New non-bank lender Wave Money is now up and running, delivering mortgage lending solutions to frustrated brokers and underserviced borrowers. Wave Money is on a mission to deliver efficient and quality service to borrowers and brokers whose needs might not be met by current banks and lenders.
Simplicity Loans & Advisory passes $1bn milestone in settlements
WEBA boutique brokerage and property advisory business has just surpassed $1bn in settlements, a feat it has largely attributed to the finance platform it launched one year ago to help brokers dive into commercial lending. Simplicity Loans & Advisory was co-founded in 2017 by managing directors Jean-Pierre Gortan and Matthew Johnson to support ...