Mortgages

• John Kavanagh

Brokers wrote 72 per cent of all home loans in the December quarter last year – a record for the industry. read more

• Banking Day staff

CreditorWatch’s latest Business Risk Index reports a 48 per cent increase in B2B trade payment defaults over the 12 months to February read more

• John Kavanagh

ING Australia regained momentum in the home loan market last year but is struggling to make headway with its push into the business banking market. read more

• John Kavanagh

Commonwealth Bank chief executive Matt Comyn was caught off guard yesterday when Stockland CEO Tarun Gupta asked him to consider offering a loan that would allow people to buy into land lease developm.. read more

• John Kavanagh

The proportion of non-performing mortgages on authorised deposit-taking institutions’ books rose over the past year but remains below levels reported in 2020 and 2021, and is in line with pre-COVID le.. read more

• John Kavanagh

Shine Lawyers has filed a class action in the Federal Court alleging that Aussie Home Loans sold junk insurance to up to 30,000 customers. read more

• John Kavanagh

Commonwealth Bank has extended its partnership with Microsoft to further ongoing cyber security initiatives and develop generative AI applications. read more

• John Kavanagh

After recovering in the second half of last year, demand for home loan finance has fallen away again over the past two months. read more

• John Kavanagh

Spending on credit and charge cards increased ahead of overall household spending over the past year but card users have their consumer debt under control, with balances accruing interest coming down. read more

• John Kavanagh

A start-up promising to help home buyers bridge the deposit gap has gone into administration, just months after launching its loan. read more

• John Kavanagh

The latest home loan pricing data suggest lenders are still jostling to win business. read more

• John Kavanagh

Pepper Money suffered record mortgage book attrition in 2023, at 43.8 per cent, as the intense competitive in the market exposed its relatively high funding costs. read more

• John Kavanagh

After several years of investing in diversification, Australian Finance Group is back playing to its strengths with a focus firmly on its core broker aggregation business. read more

• John Kavanagh

A bill to establish a national shared equity scheme for low and middle income earners looking to buy a home was passed in the House of Representatives this week, but it may face a tougher passage in t.. read more

• John Kavanagh

Around one-third of home loan borrowers are at risk of mortgage stress, according to new research. read more

• John Kavanagh

The Australian government’s Home Guarantee Scheme is undercutting the lenders mortgage insurance market to the tune of around A$250 million a year, LMI sector leader Helia says. read more

• John Kavanagh

Heartland Group’s Australian reverse mortgage book grew strongly in the December half, as an ageing population turned increasingly to equity release to top up retirement incomes.  read more

• John Kavanagh

Personal insolvencies numbers rose in 2023 but are still nowhere near pre-COVID levels, new figures show. read more

• Ian Rogers

A continuing shift in business mix to higher margin lending product, combined with less residential lending punched a deep hole in the profit of Liberty Financial over the December half. read more

• John Kavanagh

Investors continue to shrug off rising home loan arrears, subscribing for mortgage securities at narrower margins since the start of the year. read more