Scott Mcwilliam News Today

Firstmac says the number of its residential mortgage-backed securities with 30-day arrears are very low, despite the aggressive interest rate tightening cycle.

The non-bank lender’s revamped strategy will see several senior leadership positions expanded in a bid to improve synergies, it has said. Non-bank lender Resimac has confirmed a change to its senior

The non-bank lender has announced it is now making a financial contribution to native tree-planting projects on behalf of every customer who settles a loan with them. Resimac has confirmed that, for e

Every loan settled allows customers to support one tree-planting project

Today’s Daily Reckoning Australia looks into the housing market, at least via the stock market. It’s certainly not booming, but the outlook doesn’t appear as dire as some would have you believe. Plus, where else might we look for an investment opportunity? Read on to find out…

Non-bank lenders that have faced a competitive onslaught from the big banks say mortgage buffers did their job, but now risk doing more harm than good.

The non-bank lender’s home loan settlements dropped 32 per cent in the half year ended December 2022, as prime borrowers flock to banks.

Almost 50 lenders are offering incentives ranging from three years of free NBN access to $10,000 in cash in an aggressive bid for market share.

Competitive market drives interest-only offer

Move designed to boost broker offering to property investors