Cash offers and discounted rates have become entrenched in the New Zealand lending market as the banks battle for market share.
A financial planner turned mortgage broker has called out conflicted remuneration as a ‘fundamental issue’ in mortgage broking.
The corporate regulator will be on high alert for companies with no "culture of compliance".
Comparison website Finder.com.au is urging Australians to be aware of the risks when taking out short-term loans following a rise in demand through the site.
Major lenders have the brand and reputation strength to weather digital disruptors.
A Firstfolio director has acquired the company’s $29 million debt facility from CBA and is keen to pursue new business.
Major changes announced by NAB this week will put pressure on its competitors to sharpen their broker offering if they are to maintain third-party volumes.
Mortgage brokers have been given a significant boost with news breaking that one of the big four banks will increase its commissions.
The SME Association of Australia (SMEA) is developing a peer-to-peer (P2P) lending platform in response to a lack of understanding among SME lenders and brokers.
As investor lending reaches a record high, RP Data believes banking regulators may become concerned and consider taking action.