CUA’s top executive has called out the biases that exist among bank-owned aggregators that favour their own branded mortgages.
A non-major lender with extensive third-party distribution reach has purchased a $1.5 billion portfolio of non-branded mortgages from ING Direct.
Smaller lenders are being forced to write riskier loans as a capital disadvantage prevents them from competing on price with the majors.
The head of a boutique aggregator believes the future of mortgage distribution will be driven by financial planners and accountants.
The number first home buyer loans being written through the broker channel have reached their lowest levels in four years.
Demand for fixed-rate mortgages is increasing with one in four borrowers choosing to fix rates last month.
A former senior policy adviser to the treasurer has joined the executive team of the Australian Bankers’ Association.
The Reserve Bank of Australia has today announced the outcome of its board meeting.
The MFAA and two major banks have defended vertical integration in mortgage broking following requests from the Murray Inquiry for further i...
The Australian Bankers’ Association has expressed its support for the federal government’s MoneySmart Week 2014, which began yesterday.