Mortgage News for Industry Professionals | Australian Broker News
Jonalyn Cueto Nov 02, 2024. LATEST NEWS. Sydney home values decline – CoreLogic. MFAA campaign reaches millions. ACCC chair speaks about changes in financial services sector. Future Fund warns of inflationary impact. Fixed rate cuts a 'conversation starter' for brokers. Signs of hope for development finance in 2025. Housing loans hit record high.
Two leading brokers unite to launch Flint | Australian Broker News
Two prominent brokers, Christian Stevens and Chris Bates, have joined forces to launch Flint, a new comprehensive financial services brokerage. With decades of collective experience and more than $3 billion in settled loans, they aim to disrupt the mortgage market by offering a wider range of financial products and a tech-driven approach.
Broker: Mortgage industry has 'huge issues'
Jan 31, 2024 Share. A Brisbane-based mortgage broker has shared his concerns about the mortgage industry, revealing in his words, the multitude of problems facing brokers today, especially those that are just entering the industry. Adrian Player (pictured above), a self-employed broker and head of finance at investment brokerage Fundii, said he ...
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 ...
Latest Mortgage Brokers Industry News | Australian Broker News
5 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.
How to choose an aggregator in mortgage brokering
The purpose of an aggregator is usually to provide access to lenders, commission process functions, and provide software. In some cases, an aggregator can provide leads, training, and a brand. Typically, an aggregator will have up to 40 lenders on its panel. Premium brokers will often have at least 10 lenders per panel.
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 ...
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 ...
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 ...