Posts tagged "mortgage brokers"

The new Unloan product unveiled by chief Matt Comyn this week is part of the CBA defence of its $450 billion loan book against fintechs, and in the process gives the bank more control over its business.

The real story on bank profits is how these giant financial institutions have let mortgage brokers take control of their biggest profit driver: home loans.

Mortgage brokers would be on the hook for hefty fines for not acting in the interests of their clients under new royal commission laws.

Changing the way people get paid is disruptive, and might cost mortgage brokers their business if what they are charging is made apparent up front.

By Levon Ellen Blue, Queensland University of Technology

Thousands of Aboriginal people were sold unsuitable financial products and vulne…

Matt Comyn has launched his career as boss of the Commonwealth Bank of Australia with a bang, effectively splitting the nation’s biggest bank in two.

The number of mortgage broking firms operating in Australia has contracted by 26% in the year to March 2011 but lending activity has increas…

Mortgage broking as a service is a relatively new concept with the industry being in existence just 17 years. In that time, a lot has change…