5+ day, 19+ hour ago   (784+ words) A major independent brokerage has revealed that softer conditions could provide borrowers with leverage, particularly those trading into higher-priced homes. Sydney’s housing downturn is creating an opening for borrowers, particularly upsizers, according to Shore Financial CEO Theo Chambers, as reduced…...

1+ week, 5+ day ago   (470+ words) The non-bank lender has added senior distribution capability as interest in later-life lending builds. Non-bank home equity release lender Inviva has appointed lending executive Lino Pelaccia as its new regional manager, southern, expanding its partnerships team as it pursues growth…...

3+ week, 3+ day ago   (1088+ words) Mortgage broking associations and fraud technology provider Fortiro have called for co-ordinated action across lending, referral, and verification channels after AUSTRAC identified potentially hundreds of millions of dollars in suspected fraudulent loans and referred parties to relevant authorities. On Wednesday,…...

3+ week, 4+ day ago   (803+ words) Australia’s regional housing markets are losing momentum as the broader downturn in prices reaches beyond the capitals. Cotality has found that dwelling values across regional Australia slipped 0.1 per cent in the three months to July, signalling that the national housing…...