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Aggregator

Aggregation ‘a very different environment today’: NAB

The days of mortgage aggregators receiving big sponsorship dollars from the banks and throwing overseas parties are numbered as the third-party channel transitions towards more ...

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AFG marks record $350m RMBS transaction

Australian Finance Group has announced the completion of a $350 million RMBS transaction, marking the company’s “largest” term deal.

mortgagebusiness
AFG boosts profit by 33%

The normalised net profit after tax at the major Australian aggregator has swelled by a stunning 33 per cent year-on-year to $30.2 million.

mortgagebusiness
Refi boom winding down: AFG

The proportion of loans being refinanced has dropped to below 30 per cent for the first time in four years, new figures from AFG have revealed.

mortgagebusiness
Aggregator sees 40% rise in settlements

eChoice has announced that it has finished the financial year with a record $365 million in settlements in May 2017.

mortgagebusiness
Aggregation market too ‘mature’ to disrupt

A leading fintech specialist has said that, despite the influx of new technology coming to the mortgage industry, there is one part of the market that is "so mature" it cannot be disrupted: ...

mortgagebusiness
Use cash to afford deposit, says Mortgage Choice CEO

The CEO of a leading mortgage brokerage has advised first home buyers to use cash over card, move back in with their parents, and set aside 10 per cent of their salary to save enough money ...

mortgagebusiness
Housing boom a deliberate choice: Deloitte

A leading economist has warned that the joy of higher house prices will eventually evolve into the pain of higher mortgages and flagged apartment risks in two states.

mortgagebusiness
Mortgage Choice chief not surprised by rate trend

Fixed rate demand continues to wane, with the vast majority of borrowers opting for variable rate home loans, according to the latest national home loan approval data from Mortgage Choice.

mortgagebusiness
Major aggregator settles $300m RMBS deal

The Australian Finance Group has successfully completed a $300 million residential mortgage-backed securities issue.

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