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.
GetCapital rebrands as Shift, pivots from lender to broker platform
WEB“The difference between GetCapital and Shift goes back to the journey,” said Kristian McCausland, sales director at Shift. “GetCapital started as a single product business lender, and has developed over the last few years into a multiproduct offering and a platform based business which enables our customers to transact with us in far more different ways than they previously could.”
Mortgage News for Industry Professionals | Australian Broker News
WEBAustralian mortgage news, featuring new lender products, developments in alt lenders, and all the news Australian mortgage brokers and finance experts need.
Latest Mortgage Brokers Industry News | Australian Broker News
WEBFrom rate changes to lender shakeups, the mortgage broker industry is constantly changing. Get the latest updates here
Mortgage Choice/Smartline now ‘second-biggest’ player in …
WEBREA Group CEO Owen Wilson has staked his company’s claim to be the biggest player in the Australian real estate marketplace, naming their newly-merged Mortgage Choice and Smartline franchises as the second-biggest franchise player in the mortgage broking space.
MFAA data reveals how much the average broker gets paid
WEBSep 22, 2021 — The Mortgage and Finance Association of Australia has released the 12th edition of its Industry Intelligence Service Report, a detailed analysis of the broker channel and, crucially, how much mortgage brokers get paid on average.
CUA becomes Great Southern Bank | Australian Broker News
WEB“The reason for the rebrand, if you boil it all down, was to remove a friction point,” said Lewis. “We’ve been around for 75 years as CUA, but increasingly, more and more Australians don’t know what a credit union is and having credit union in your name becomes a friction point. 50% of Australians don’t know what a credit union is and that’s about 72% for those under 30.”
After the Aussie merger, Lendi Group CEO talks us through their …
WEBDavid Hyman sits down with Australian Broker to discuss their superb May results
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Equity-One to be acquired by Westlawn - Broker News
WEBNon-bank commercial lender Equity-One has accepted a deal that will result in the Melbourne-based company being acquired by Westlawn Finance Limited.