Lenders must be careful not to over invest in customer analytics where a ‘less is more’ approach is often more valuable, according to ING DIRECT.
The US city of Los Angeles filed a lawsuit on Friday accusing JPMorgan Chase & Co. of channelling minority borrowers into risky home loa...
National Australia Bank is looking to offload its £600 million portfolio of non-performing loans in the UK, according to weekend media reports.
LMI competition is being stifled by APRA’s “unreasonably conservative” stance on regulation, according to the FBAA.
The Australian lending market received a boost to competition recently, with a new addition to the Connective lender panel.
A former president of the MFAA has called for greater cooperation between industry groups amid the growing trend of financial services convergence.
A former NSW-based mortgage broker has been convicted of falsifying loan application documents following an ASIC investigation.
Home loans should be viewed as a vehicle through which borrowers can achieve their financial goals, and not just a product, according to Smartline.
Yellow Brick Road’s Empower Variable loan has been awarded a five-star rating by industry researcher CANSTAR.
There is no evidence that bank-owned aggregators incentivise commission structures, according to the MFAA.