The major banks’ stranglehold on mortgage distribution is stifling competition and locking smaller lenders out of the market, according to Firstpoint director Troy Phillips.
New Zealand’s LVR restrictions are having a major impact on segments of the housing market, according to a local mortgage broker.
Mortgage brokers and financial planners could complement their offering by adding property investment services
United States Federal Reserve chair Janet Yellen has flagged the possibility of “the largest, most complex banking organisations” holding larger amounts of capital.
New rules from the UK’s Financial Conduct Authority (FCA) will come into force on 26 April 2014, designed to ensure a “common sense appr...
Credit Union Australia has come under fire from the Financial Services Union for a “misleading” email that was sent to all staff on 16 April.
Customer-owned bank Bankmecu has called for greater transparency of sub-brands in the banking sector.
The return of the RMBS market in Australia is not being matched by the supply of new land to lend against funding and is driving property prices higher, according to Alan Kohler.
The Customer Owned Banking Association (COBA) said changes announced on Tuesday by APRA are a welcome step toward better accommodation of the customer-owned banking model.
The recent success of the local RMBS market will not last forever and is vulnerable to the whims of one or two large bids, according to AFG.