Mortgage News for Industry Professionals | Australian Broker News
WEBAUSTRALIAN BROKER TALK. 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
WEBWith the Australian Mortgage Awards 2024 just around the corner, the list of this year’s excellence awardees has been officially unveiled. The event, set to take place at the Star Event Centre in Sydney on Friday, October 18, will feature a prestigious black-tie gala dinner. Now in its 23rd year, the awards continue to recognise and celebrate ...
Household Capital expands reverse mortgage offering
WEBReverse 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, …
New Head of Broker at Great Southern Bank
WEBJul 15, 2021 Share. Great Southern Bank has named Mathew Patterson as their new Head of Broker & Insurance. He comes to the bank after 20 years in the banking sector, most recently at ME Bank. “It’s very exciting,” Patterson told Australian Broker. “The bank is very well positioned for growth and I’ve been really impressed.”.
ANZ officially acquires Suncorp Bank | Australian Broker News
WEBJul 31, 2024 Share. ANZ has officially acquired Suncorp Group’s banking arm after more than two years since the deal was first announced. ANZ chief executive officer Shayne Elliott (pictured above left) said it was an exciting day for the major bank, welcoming around 3,000 Suncorp Bank employees and 1.2 million customers into ANZ Group.
REA Group fully acquires Realtair | Australian Broker News
WEB“The positive response to our existing partnership with Realtair gives us great confidence in the benefits we can deliver for our customers. REA Group is well placed to help customers win more listings and with the added value that Realtair provides during the sales process, we can streamline the home buying experience for consumers.”
Westpac, CitoPlus launch digital broker platform
WEBToday, we announce a partnership with Westpac to securely accept SME loan submissions digitally via the CitoPlus broker platform. The shift towards digital loan applications will benefit brokers by saving time and enhancing the quality of their applications, resulting in more efficient and improved outcomes for brokers and their SME clients.
Best In Mortgage | Australian Broker News
WEBFast Brokerages 2021 Australian Broker puts the spotlight on the nation’s fastest-growing brokerages that have thrived during the pandemic, achieving over 30% growth in combined loan revenue and settlement volume
Mortgage brokers shift away from major banks
WEBAug 23, 2024 · Mortgage brokers are abandoning Australia's big four banks in favour of a broader range of lenders, according to the latest MFAA Industry Intelligence Survey (IIS), with only 36.7% of broker-originated loans coming through the major banks. The findings mark the first time the market share of the major banks fell …
Banking on AI – the technology mortgage brokers need to know
WEBCommenting on credit applications – giving customers constructive and detailed feedback on the reasons for lending decisions; Financial analysis and forecasting – using complex sensitivity analysis to predict what could happen to customers or markets in the future and managing risk accordingly.As such, brokers can customise mortgage loans for each customer accounting for rising interest ...