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Mortgage lender pulls out of market

Just a year after launching, a mortgage lender specialising in non-resident mortgages is being wound down and will not proceed with any loan...

Mortgage growth offsets bank’s NIM pressures

A non-major lender has reported above system mortgage growth, which has helped offset cost pressures that have placed downward pressure on the bank’s net interest margin.  

Non-major pledges $3bn to SMEs

A non-major bank has pledged to provide $3 billion of new credit to small businesses and “increase its appetite for lending with less secu...

RMBS delinquencies projected to rise

The delinquency rate of prime residential mortgage-backed securities in Australia will continue rising in coming quarters, according to Moody’s latest outlook.

podcast

LATEST PODCAST: Changes at the lenders continue

Do you think the banking royal commission recommendations could negatively impact competition in the mortgage market?