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Competition for BDMs heats up

Competition for BDMs is increasing as lenders continue to fight for greater distribution in the growing third-party channel.

YBR acquires Resi

Yellow Brick Road today announced that it has entered into a conditional agreement to acquire mortgage manager and originator RESI Mortgage Corporation Pty Ltd.

Regional banks struggle for market share

The regional banks remain at a structural disadvantage to the majors, despite the benefits from a recovery in housing finance, lower funding costs and improving loan quality.

RBA warns banks over mortgages

The Reserve Bank has warned Australian lenders they may need to hold additional capital against housing finance, driving up the cost of home loans.

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LATEST PODCAST: What ASIC’s revised responsible lending guidance entails

Do you think Australia will move to quantative easing this year?

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