Articles tagged with 'NZFSG'

Bluestone's white-label loans take off with NZFSG

9 September 2019 - NZFSG advisers have embraced the company's Select Home Loans white-label product, lodging around $250 million in applications in the first couple of months.

Low deposits won’t lead to mortgage free for all

5 September 2019 - 5% deposits for first home buyers – it’s one of the centrepieces of the KiwiBuild “reset” – but advisers are asking whether it will actually make the sort of difference hoped for.

Changes at Loan Market and NZFSG

23 July 2019 - Good morning. No rate changes today after BNZ's big move yesterday.  Some news from the groups; some well-known faces are taking on new roles...

Changes at Loan Market and NZFSG

23 July 2019 - Loan Market and NZFSG have made some changes to their business development roles as they prepare for the new regulatory regime.

ASB changes commission payment system. Will trail comm come?

17 July 2019 - ASB has changed its commission payment system to speed up the process for mortgage advisers — but the move won't see it pay trail. 

Groups ponder new regime; consents on the increase

3 July 2019 - No rate changes to speak of this morning.  NZFSG CEO Brendon Smith spoke to us about the group's licensing choices under the new financial advisers'...

Groups at licensing crossroads

2 July 2019 - Groups planning to operate under the new financial advice regime without a FAP license may be “left wondering what the future holds”, according to the CEO of NZFSG.

NZFSG rolls out its own mortgage product

13 May 2019 - NZFSG and Loan Market have entered into a five-year deal to offer its own branded home loan product using one of the Australian non-bank lenders.

NZFSG targets car finance growth

9 October 2018 - Adviser group NZFSG has taken its vehicle and asset financing processing in-house as it aims to ramp up car loan volumes.

Dealer groups divided on Code

23 July 2018 - The three mortgage groups that made submissions on the Code Working Group's proposals offered opposing views on ethics and who should take responsibility for advice given.

Patten takes down broking shingle after 16 years

18 July 2018 - Veteran mortgage adviser Bruce Patten has hung up his shingle as a broker and moved into a new role at the NZ Financial Services Group.

ANZ increases servicing rate for loans

11 April 2018 - ANZ has raised the servicing rate required for mortgage approvals, according to advisers.

BNZ first bank to market with online lodgement tool

13 November 2017 - BNZ is set to launch an electronic lodgement process to help advisers and improve turnaround times on loan applications.

Kickbacks to agents shouldn't happen, but do

11 October 2017 - Relationships between mortgage advisers and real estate agents are being questioned by Consumer NZ, which is concerned about financial kickbacks.

Cameron Marcroft talks about becoming a top adviser

5 September 2017 - Eighteen months after leaving dealer group NZFSG, Cameron Marcroft has been named new mortgage adviser of the year. Here's his story.

Broker channel working for BNZ

28 October 2015 - BNZ’s decision to resume distribution of home loans through mortgage advisers has gone better than expected. While the bank hasn't disclosed the volume of business it has written it has confirmed TMM Online's figures are correct.  

The G cracks the big B mark

7 July 2015 - New Zealand's largest mortgage-based dealer group has cracked the $1 billion mark for the first time.

The numbers BNZ are disclosing

29 June 2015 - BNZ says it is well ahead of target with its re-entry into the mortgage adviser market.

Edge Mortgages switches groups again

29 May 2015 - Two of the biggest mortgage writers in the Kepa Group have switched camps and moved to New Zealand Financial Services Group.

Former Liberty BDM goes it alone

13 May 2015 - After spending 11 years with Liberty Financial Geoff Styche has decided to leave the company and establish his own mortgage advisory business. His new...

BNZ's back for brokers with trail commission

10 April 2015 - BNZ will officially return to the mortgage adviser market after controversially leaving it 12 years ago.

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