Tag: Mortgage Choice

Banking & Finance

Mortgage broking in the eye of the storm

The Federal Government has announced that it will preserve current mortgage broker remuneration structures and override Commissioner Hayne’s recommendation to abolish lender-paid commissions in favour of consumer-based fees. The announcement has come in the midst of significant industry backlash, with economists, analysts, academics and brokers warning that the Commissioner’s recommendation – designed to protect consumers…

13 Mar 2019, by Amy Sarcevic

Banking & Finance

Legal

Meeting regulator expectations for responsible lending

Since the commencement of the Royal Commission into banking misconduct in late 2017, the public’s gaze has been firmly fixated on the behavior of major lenders. Now, more than ever, consumers are acutely conscious of their rights and of what constitutes appropriate practice. In such a climate, maintaining organisational integrity and compliance with Australia’s robust…

20 Dec 2018, by Amy Sarcevic