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Convergence to lift broker disclosure: CBA

The convergence of mortgage broking and financial planning will create a greater need for brokers to disclose commissions, according to the Commonwealth Bank of Australia.

YBR to buy mortgage manager

Wealth management group Yellow Brick Road is in the final stages of acquiring a mortgage manager and hopes to have another acquisition complete by 30 June.

Lenders react to digital threat

Australian lenders are sharpening their digital toolkits as supermarkets and digital giants continue to penetrate financial services.

Investment loans dominate market

Investment property loans have grown by 37 per cent in four years while owner occupied loans grew by 4 per cent in the same period, according to Roy Morgan Research.

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