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Asset finance funder fined $750k for unlicensed activities

The Federal Court has ordered a former equipment funder to pay a $750,000 court penalty for engaging in unlicensed consumer leasing.

Asset finance funder fined $750k for unlicensed activities
Victoria leads on loan commitments: CommSec

The latest State of the States report has shown that Victoria leads the country for home loan commitments and construction work done.

Victoria leads on loan commitments: CommSec
Grow Finance appoints board members

The business lender has appointed two board members while also announcing the departure of another member.

Grow Finance appoints board members
Non-major unveils new LMI offering

Gateway Bank has today unveiled a Monthly Premium LMI offering to help those with low deposits access a mortgage sooner.

Non-major unveils new LMI offering
LATEST PODCAST: Aussie goes direct and more non-banks consider listing

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

LATEST PODCAST: Aussie goes direct and more non-banks consider listing
Early super access used to fund mortgages: ABS

The COVID-19 early release of super payment was mainly used by households to pay their mortgages or rent, according to new figures.

Early super access used to fund mortgages
Tic:Toc highlights SaaS as turnaround time solution

Home loan platform Tic:Toc has suggested that software-as-a-service offerings could help relieve larger lenders of the turnaround delays they are currently facing.

Tic:Toc highlights SaaS as turnaround time solution
LATEST PODCAST: Citi’s exit and bank turnaround time disparities

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

LATEST PODCAST: Citi’s exit and bank turnaround time disparities
Wisr new loan originations up 17%

The personal loans lender has reported that new loan originations increased by a “record” $98 million in Q3FY21. 

Wisr new loan originations up 17%
Banks offer cyclone relief packages

Lenders have begun offering disaster relief packages for customers impacted by Tropical Cyclone Seroja in Western Australia.

Banks offer cyclone relief packages
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