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YBR outlines growth strategy, flags app launch

The broking franchise and aggregation group has revealed its recent securitisation growth and future plans, including an upcoming app that will track customer behaviour.

Yellow Brick Road
BNK posts quarterly growth ahead of strategic review update

The financial services group – which is set to complete its sale of aggregation arm Finsure – saw loan settlements increase 21 per cent to $268 million in the second quarter of financial ...

BNK posts quarterly growth ahead of strategic review update
BNK offloads aggregator business

The ASX-listed non-major bank has signed off on the $151.6 million sale of Finsure.

BNK offloads aggregator business
Aussie reveals map of nation’s more affordable suburbs

The aggregator has released an analysis of almost 4,000 suburbs that require a median deposit of $100,000 at most.

Aussie reveals map of nation’s more affordable suburbs
How financial data aggregation and digitisation are elevating mortgages

After a period of slow growth brought about by the COVID-19 pandemic, the Australian property market is experiencing a major comeback, with house prices across the country rising at record ...

How financial data aggregation and digitisation are elevating mortgages
REA records 35% revenue growth after broker acquisition

REA Group has reported higher revenue as it works to integrate the newly acquired Mortgage Choice business.

REA records 35% revenue growth after broker acquisition
Big four customer complaints drop

Total formal consumer complaints about the major banks fell by 7 per cent in the 2021 financial year, according to the financial ombudsman.

Big four customer complaints drop
New bank formed after RADI granted

APRA has granted a licence to a neo-lender to operate as a restricted authorised deposit-taking institution.

New bank formed after RADI granted
REA Group profits rise amid strong resi market

The Mortgage Choice-Smartline parent company has reported an 18 per cent increase in net profit, driven by a “strong residential market recovery”.

REA Group profits rise amid strong resi market
Finsure records 22% rise in brokers

Aggregator Finsure has grown its mortgage broker force by around a fifth in the 2021 financial year, as parent company BNK managed to increase its loan book by almost a quarter.

Finsure records 22% rise in brokers
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