Mortgage

May
23

APIs and digital transformation will be key in the mortgage market, says IRESS

IRESS says that API’s, digital transformation and robo-advice have dominated the survey as areas which lenders believe will impact the mortgage market.

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May
14

Australian fintech company Tic:Toc slashes mortgage rates to the lowest in the country

Tic:Toc today announced it has slashed its mortgage rates to the lowest in the country, saving home owners and buyers thousands on their repayments.

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May
10

New no-deposit home loan offering launched

Mortgage marketplace HashChing has re-introduced a deposit-free home loan product to support the entry of first home buyers into the mortgage market.

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May
10

Neobank CEO urges borrowers to build buffer

Borrowers should resist the urge to take on more debt and build a buffer to guard against the continued weakness in the economic environment, according to the CEO of a challenger bank.

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May
09

How blockchain could change the way you buy your next house

When you buy a house, you pay a solicitor to verify the property’s ownership and check for outstanding loans or other title restrictions. But what if this information was available to you instantly?

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May
03

Volt bank to build mortgage platform with IRESS

Digital bank Volt has revealed a new partnership with veteran fintech vendor IRESS to build its customer-facing mortgage system.

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Apr
15

86 400 secures national distribution with Vow Financial, readies home loan offering

86 400, a genuine alternative to Australia’s Big Four banks, has secured national distribution with Vow Financial, one of the largest aggregators in Australia – part of the Yellow Brick Road Group. The partnership will enable 86 400 to deliver home loans via Vow Financial’s network of over 1,200 brokers. This development brings 86 400 closer to launching its home loan offering, pending a full banking licence from the Australian Prudential Regulation Authority (APRA). Robert Bell, CEO of 86 400: “We didn’t set out to create a standard home loan product — we are building an entirely new approach to the home loan process that will make life easier for […]
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Apr
12

HashChing outlines new funding plans

The COO of digital mortgage marketplace HashChing has revealed the company is repeating last year’s fundraising exercise after failing to achieve its $5m target. Last May, HashChing attempted to use equity crowdfunding space Equitise to raise $5m in a month and a half. Interested investors could back the fintech for as little as $250. However, according to COO and board advisor Siobhan Hayden, the funding round was not successful. “We believe it was a demographic issue,” she said, explaining that the younger crowds that inhabit online crowdfunding spaces are drawn to more glamorous investing opportunities than those in the mortgage industry. The funds were intended to be used for new […]
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