The Value of Mortgage Broking

The Mortgage Broking Industry Group* (MBIG) has launched The Value of Mortgage Broking, a report by Deloitte Access Economics. This report demonstrates the value that our industry brings to consumers, lenders and the Australian economy, by driving competition and delivering greater choice and valuable services to the Australians who need them most. The Value of Mortgage…

Brokers, bankers rocked by ‘messy’ mortgage market

(Link to original article) Tighter credit and changing lending policies are creating confusion and complexity in the third-party channel as brokers receive conflicting messages from bank BDMs and credit assessors on prime mortgage deals. Fears are growing about a potential “credit crunch” that has largely been driven by the cross currents of regulatory measures, changing bank…