Banking royal commission untangles mortgage broker conflicts – The Hayne royal commission has now arrived at one of the most fiendishly difficult questions in the country’s $1.6 trillion home loan industry: exactly whose interests do mortgage brokers represent?.
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Let the bloodbath begin’: House prices in Sydney and Melbourne could halve’ in worst crash since 1890s – House prices in Sydney and Melbourne could fall by up to 25 per cent this year. from the $120 billion interest-only loan rollover and mortgage broker exodus to the Labor Party’s proposed tax.
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NAB bid to stop meltdown in mortgage broker business – Brokers say the slump is due to more complexity and time taken to get NAB loans approved, higher mortgage rates and tougher terms and conditions. They claim the bank is increasingly risk averse,
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