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Top News In வீடு கடன் ப்ரைஸ் விசாரணை Today - Breaking & Trending Today

Former CBA exec launches brokerage


Mortgage Business
Former CBA exec launches brokerage
By Sarah Simpkins
05 August 2021
True Savings, a new online brokerage headed by former CBA executive Pete Steel, has entered the Australian mortgage market.
Mr Steel, former CBA chief digital officer, has taken the lead as chief executive and founder of the new platform, which offers ongoing automated assessments of users’ mortgages and remote broker advice.
After 16 years with the big four bank, he told Mortgage Business that he had a “big itch”, watching customers struggle with the complexity of home loans.
“The whole time, I could see that banks, they put people in homes, which is wonderful, but they don’t really focus on helping those customers save on their home loan year after year. That’s how they make money, by excess margin there, ....

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'Excessive' loan discharge terms slammed


‘Excessive’ loan discharge terms slammed
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A Brisbane-based brokerage has called out the major banks for “holding customers to ransom” with excessive terms of notice for discharges.
Borro owner Cara Giovinazzo said she has been receiving complaints from clients about banks making it more difficult for customers to leave them by “blowing out” the minimum days required to close an account or discharge a loan.
This issue was addressed in the Australian Competition and Consumer Commission’s (ACCC) final Home Loan Price Inquiry report released last year, which examined how the home loan market works and potential improvements that could be made. ....

Cara Giovinazzo , Commonwealth Bank , Consumer Commission , Australian Competition , Home Loan Price Inquiry , Discharge Authority , காரா கிோவினஜ்ஜோ , காமன்வெல்த் வங்கி , நுகர்வோர் தரகு , ஆஸ்திரேலிய போட்டி , வீடு கடன் ப்ரைஸ் விசாரணை , வெளியேற்றம் அதிகாரம் ,

Brokerage launches 30-day interest rate tracker


Brokerage launches 30-day interest rate tracker
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My Mortgage Freedom has launched a new alert system that automates monthly interest rate reviews and notifies clients if a better deal can be found on their mortgage.
The Victoria-based mortgage and finance brokerage, headed up by CEO Anthony Alabakov, has developed a new system that automatically reviews their client’s home loan every 30 days and sends them a text if a cheaper interest rate is available to them. 
The Rate Tracker system, currently only available to new or existing My Mortgage Freedom clients, has been built by the brokerage and utilises open banking technology and its own data aggregation technology to automate ongoing reviews and interest rate management.   ....

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