Primara puts the average first home buyer loan at $610,063 and break-even on the scheme’s upfront benefit at 13.7 years. What that means for your file.
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ASIC found a bank never told brokers an offset needed re-linking after refinancing. Two clients paid over $17,000 extra. Four bank CEOs now face the Senate.
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A subscribing bank cannot accept your client’s family guarantee until the third day, or send the documents via the borrower. The review of those rules is open.
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Pepper’s prime originations rose 83% while Liberty’s residential book shrank. What the non-bank results week means for broker panels and BID file notes.
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NAB, Macquarie, ANZ and Great Southern have rewritten investor servicing after the budget. What survives the new calcs and what brokers should do this week.
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