Mortgage News for Industry Professionals | Australian Broker News
Mina Martin Nov 09, 2024. LATEST NEWS. APRA's roadmap: Stability, risks, and reforms. Ex-Metigy CEO faces fraud charges. Construction drives business turnover growth. Tsoleridis joins Connective. Diversification into law boosts Stanford Financial. Trump victory spurs local broker rate concerns. Spring surge in property demand.
Bankers to brokers share plans to scale brokerage
Two former bankers turned brokers have revealed their plan to scale their brokerage, Lending Hub Co., from the ground up and incentivise other brokers to join in on their rapid rise. Lending Hub Co. was established in early 2022 by Pearl Tran (pictured above left) and Kim Bui (pictured above right), two former Westpac bankers with a shared ...
Moneytech on leveraging finance for better deals - Broker News
Feb 20, 2024 Share. The Reserve Bank’s decision to keep the cash rate at 4.35% offers relief to SMEs battling inflation and rising living costs, as stable interest rates are vital for their financial health in these challenging times. Moneytech CEO Nick McGrath (pictured above) recognises the remarkable resilience of Australian small business ...
Westpac, CitoPlus launch digital broker platform
Westpac has joined forces with Australian tech platform CitoPlus to introduce a new digital platform that enables brokers to submit loan applications for business customers online. Starting in October, brokers will have access to Westpac business lending products via this platform, allowing them to submit applications, upload documents, and ...
Mortgage broker market share rises above 70%
Nov 28, 2023 · Between July and September 2023, mortgage brokers wrote 71.5% of all new residential home loans. This result is the second highest mortgage broker market share the industry has recorded, just below the record set last November. The figures also mark a significant 4.3 percentage point increase on the previous quarter.
Can modular homes solve the housing crisis? - Broker News
By Ryan Johnson. Dec 13, 2023 Share. As state governments roll out plans to deliver more modular homes, many experts have welcomed pre-built housing as a solution to the current housing crisis. However, challenges remain on how to structure these developments from a lending perspective. “Broadly speaking, I think modular builds are hugely ...
Latest Mortgage Brokers Industry News | Australian Broker News
4 days ago · Podcast: How brokers can diversify while remaining specialised. Hear Sqale co-founder Yuan Chong on AB Talk podcast. From rate changes to lender shakeups, the mortgage broker industry is constantly changing. Get the latest updates here.
Beyond Bank news - Broker News
MFAA's South Australia and Northern Territory Excellence Award 2024 winners announced. 18 mortgage experts and businesses crowned champion.
La Trobe Financial news - Broker News
MFAA Western Australia excellence awards winners honoured. Brokers, lenders, BDMs among those recognised.
Household Capital expands reverse mortgage offering
Reverse mortgage lender Household Capital is an Australian-owned, independent retirement funding provider founded in 2016. It has been offering its Household Loan reverse mortgage product through brokers, which allows property owners aged over 60 to access up to a maximum of $2 million. In December 2022, the group acquired Pension Boost ...