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CBA loan book continues to shrink

The major bank’s home loan balance fell $4.5 billion in the September quarter, with a drop-off in broker-introduced loans.

Resimac boss ‘cautiously optimistic’ about group’s outlook

The non-bank lender’s chief executive expects a positive 2024 after what was a “challenging” financial year 2023 for the group.

Msquared Capital strengthens executive team

The private lender has bolstered its senior executive team with a new chief operating officer and general manager, loan origination and credit.

Mortgage stress up ‘modestly’ among big 4 borrowers: EY

While borrowers behind on loan repayments remain at low levels, EY has called on banks to monitor arrears as the full effect of rate hikes still looms.

ANZ to further invest in digital mortgage product

The major bank looks to continue to grow its digital home loan product after its launch earlier this month.

LATEST PODCAST: Is the peak cash rate yet to come?

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

Beyond Bank enters partnership with NextGen

The mutual lender has announced a new alliance with NextGen in its pursuit towards digitisation.

Commonwealth Bank expands financial abuse technology access 

The major lender has made its abuse detection artificial intelligence model available to banks globally.

‘Greater opportunities for growth’ in business bank: NAB

While home lending “remains a key market”, the major lender will be “tilting towards” its business bank, according to its chief executive.

Macquarie has 5% of mortgage market

The bank’s mortgage book grew 6 per cent in the six months to September, taking its consumer home loan portfolio to $114 billion or 5.1 per cent of the Australian market.

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