Where to for mortgage advisers?
Pivot will be the key word for the mortgage industry this year.
As trail commissions are removed by Westpac and AIA and rumours another bank will do the same, leaving just one bank paying trail, the dynamics of running a mortgage advice business are changing.
Mortgage businesses now have little of value to sell. “Nobody is going to buy a mortgage advice business customer lists – the value of trail books have limited to near zero value from...MORE»
Baden Martin lands new gig at non-bank lenderFriday, March 13th, 11:33AM 2 comments
Baden Martin takes on General Manager role at non-bank lender. MORE» |
Basecorp positioning as a one stop shop for advisersWednesday, March 11th, 8:43PM 1 comment
The non-bank lender has spent the past couple of years broadening its product range and finished last year with a mortgage book of about $1.15 billion. MORE» |
Rising sophisticated cyber attacks aimed at advisers
Advisers are being urged to be on heightened alert after a sharp increase in hard to spot malicious email activity.
MORE»Innovation with intention: Technology built for advisers
AdviceLink was built to support advisers in delivering great advice, right across the industry. Yet there’s still a common perception that it’s just an internal CRM tool for LFG and NZHL—our sister companies. That’s understandable, but it’s no longer accurate.
MORE»Kiwibank, ASB gain in 2025's mortgage wars while ANZ loses
As the first-half results from Kiwibank and ASB Bank suggested, both gained significant mortgage market share through calendar 2025, while New Zealand’s largest bank was the biggest loser.
MORE»New brand and direction for large mortgage advice business
New brand and diversification for mortgagehq.
MORE»Lending slashed in January as borrowers rushed for new deals in December
Mortgage lending slumped by a huge 57.1% to $6 billion in January after rising to a record $14.1 billion in December off the back of the major banks’ short-lived 1.5% cashback incentives, the latest Reserve Bank data shows.
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