Mortgage News for Industry Professionals | Australian Broker News
Australian mortgage news, featuring new lender products, developments in alt lenders, and all the news Australian mortgage brokers and finance experts need.
Revealed: Australian Mortgage Awards 2024 excellence awardees
Mortgage industry's top professionals recognised. Among the finalists for this year's Australian Mortgage Awards, Jiyun Tang (pictured above far left) of AUSUN Finance stands out in the La Trobe Financial Broker of the Year – Commercial category, while Balwinder Singh (pictured above centre right) from Absolut Financial has earned recognition in the Equity-One Broker of the Year ...
Broker: Mortgage industry has 'huge issues'
“I’ll say it if others won’t. This is hurting the industry, not part-time or inactive brokers. The above creates a 20,000-strong broker industry that has over 50,000 other staff members supporting it on a turnstile with half of the industry in rinse-and-repeat mode.”
AMP Bank unveils new partnership | Australian Broker News
“Our new partnership with MSA National and its integration with Simpology’s technology will transform our loan origination process and equip brokers with a market-leading home loan experience,” said Sean O'Malley (pictured above left), group executive at AMP Bank.
Moneytech on leveraging finance for better deals - Broker News
SMEs encouraged to seek shorter payment terms. “Debtor payment periods are just one of these storms impacting business at the moment, with debtor payment days blowing out at the big and small ends of town,” said McGrath. “30- to 60-day invoice terms are dragging out to anywhere between 90 and 120 days.
Industry veterans back in business with Arc Money
Graham Mendelowitz (pictured above left) and Mervyn Kark (pictured above right), who founded and ran MKM Capital until its sale in 2022, have co-founded Arc Money, which will focus on lending to company and trust clients.
Westpac, CitoPlus launch digital broker platform
Streamlining the loan application process. The new digital platform aims to provide brokers with a faster, more efficient way to manage loan applications, enhancing the overall experience for small and medium-sized enterprise (SME) and commercial customers.
Bankwest to become digital bank, announces branch closures
Mar 6, 2024 · A program to transition 2,000 Bankwest branch customers across to CBA accounts so they can continue to access branches. Bankwest Community Bankers in select communities where branches close, to help customers during the transition period with non-cash face-to-face service and support.
Aggregator launches online compliance tool for brokers
National aggregator FAST has announced a new digital initiative to support brokers with compliance and responsible lending requirements. In partnership with QED Risk Services, the aggregator has launched QED CompliFast, an online compliance program designed to ensure 100% NCCP compliance.
La Trobe Financial news - Broker News
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