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In Memoriam: Mick McClure, 1953–2023

Mick McClure, the founder of sub-aggregation group Buyers Choice and a pioneer of sub-aggregation in Australia, has passed away at the age of 69.

Industry leaders take part in Vinnies CEO Sleepout

Several members from the mortgage and finance industry slept outside on the winter solstice to raise funds for homelessness charity Vinnies.

Connective home loan portfolio up 25%

The white label lender has announced “record breaking” growth in its settlements for the 2022 calendar year.

Lendi plans to write 1 in 10 home loans

Following the group’s restructure, the Lendi Group’s chief executive has set his sights on doubling market share to 12.4 per cent over the coming years.

Resi secures expanded funding line

Yellow Brick Road’s securitisation joint venture has secured a new $49 million mezzanine finance partner and increased its senior facility by $100 million.

Brokers play a vital role as customers feel the pinch

Customers face cost of living pressures but property markets remain active, bringing brokers opportunities to build their businesses – and NAB is backing them at every step.

Broker boost fuels MA Financial FY22 result

MA Financial Group has reported record underlying revenue in the year ended December 2022, up 41 per cent to $302 million.

Borrowers are feeling “undervalued” by lenders, aggregator says

A new survey has indicated that many borrowers feel that they aren’t getting the best offers available from their lenders.

FHBs offered monthly LMI option: Resi

As the time it takes to save for a deposit has blown out to more than 11 years, mortgage manager Resi is offering a ‘BNPL style’ offering to FHBs.

Has financial advice become a liability for brokerages?

OPINION Mortgages and financial advice seemed the perfect match on paper, but the economic reality has proved to be very different, writes James Mitchell.

Has financial advice become a liability for brokerages?
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