Articles tagged with 'RESIMAC'
Luke Jackson lands a new gig
12 August 2024 - The former head of Resimac in New Zealand, Luke Jackson, has taken up a new role.
Why Resimac closed up shop in NZ
27 June 2024 - Resimac New Zealand’s biggest writer, Jeff Royle, says the lender had great products but was trying to act like a bank.
Resimac pulling out of New Zealand
21 June 2024 - Resimac is closing down its New Zealand home loans business.
Resimac says its new fixed rates offer relief for specialist borrowers
7 February 2023 - Resimac is offering new fixed rates to help advisers give more certainty to specialist borrowers challenged by higher variable rates.
New loan option for property investors
26 September 2022 - A new 20-year interest-only home loan has been unveiled by non-bank lender Resimac for property investors.
Resimac taking banks on
27 April 2022 - Resimac has kicked off a campaign to encourage borrowers to use non-banks and to help advisers.
Resimac writing more prime loans and dealing with more advisers
2 September 2021 - Resimac has had a bumper year in New Zealand seeing its settlements increased by 81% to $434 million in the financial year to June 30.
Jeff Royle and Resimac team up for investor loans
3 December 2020 - iLender's Jeff Royle has teamed up with Resimac to launch a new loan product for investors impacted by strict bank lending criteria.
Non-bank lending soars
30 September 2020 - Non-banks report record growth in New Zealand as retail banks maintain tight credit restrictions in the economic downturn.
Resimac in $300m mortgage offering
16 September 2020 - Resimac has issued a $300 million residential mortgage backed security, providing funding and liquidity to the non-bank as it grows market share in New...
Resimac in $300m mortgage offering
16 September 2020 - Resimac has issued a $300 million residential mortgage backed security, providing funding and liquidity to the non-bank as it grows market share in New Zealand.
Resimac slashes prime rates
5 August 2020 - Non-bank Resimac has slashed prime rates to new lows as it pushes to take business from traditional lenders: [READ ON] ...
Resimac slashes prime rates
4 August 2020 - Non-bank Resimac has slashed prime rates to new lows as it pushes to take business from traditional lenders.
Non-banks get Covid boost
31 July 2020 - Non-bank lenders have reported a flood of new customers turned away by the banks in the wake of the Covid-19 pandemic, as traditional lenders stick to conservative credit limits.
Resimac cuts specialist floating rates
23 June 2020 - Non-bank lender Resimac has slashed rates across its range of specialist home loans, while also cutting its servicing rate.
Resimac eases criteria for investors
26 May 2020 - Non-bank lender Resimac has eased its credit criteria for investors as it seeks to build market share in New Zealand: [READ ON] ...
Resimac eases criteria for investors
26 May 2020 - Non-bank lender Resimac has eased its credit criteria for investors as it seeks to build market share in New Zealand.
Non-banks see surge in demand
29 April 2020 - Non-bank lenders have noted a sharp increase in demand for home loan products as banks maintain tight restrictions during the Covid-19 outbreak.
Non-banks offer payment holidays and rate cuts
8 April 2020 - Non-bank lenders Avanti Finance and Resimac will offer borrowers repayment reduction options and deferrals amid the Covid-19 crisis: [READ ON] Resimac...
Non-banks offer payment holidays
7 April 2020 - Non-bank lenders Avanti Finance and Resimac will offer borrowers repayment reduction options and deferrals amid the Covid-19 crisis.
Resimac moves into asset finance
16 December 2019 - Australian non-bank lender Resimac has moved into the asset finance sector with the acquisition of finance company IA Group.
Resimac speeds up applications; Tribunal case highlights meth danger
23 October 2019 - Resimac has introduced desktop and e-valuations, a move it says will speed up the application process for advisers and borrowers: [READ ON]. Meanwhile,...
Resimac speeds up application process
23 October 2019 - Non-bank lender Resimac has introduced desktop e-valuations to speed up the approval process for clients and advisers.
Resimac cuts rates and lowers servicing test
1 October 2019 - Non-bank lender Resimac has cut floating and fixed mortgage rates as well as easing its servicing test for borrowers.
New BDM for Resimac
21 August 2019 - Non-bank lender Resimac has continued its hiring spree with the appointment of business development manager Dilip Patel.
New BDM lands at Resimac
18 July 2019 - Resimac has hired a new business development manager from Aussie non-bank rival Liberty.
Extending LVR limits to non-banks "nanny state" idea
18 July 2019 - Non-banks have expressed concerns about the Reserve Bank's potential extension of loan to value ratio restrictions and the impact it could have on smaller lenders.
Resimac in asset finance deal
4 July 2019 - No rate changes today. Some news from over the ditch, however, as non-bank lender Resimac takes a stake in a fintech asset finance company. Find out why...
Resimac takes stake in asset finance specialist
3 July 2019 - Non-bank lender Resimac has taken a stake in an asset finance fintech firm as it looks to diversify into other forms of lending.
Resimac takes on data entry for advisers; IRD eyes property flippers
20 June 2019 - No rate changes today. In adviser news, non-bank lender Resimac is taking on some of the arduous data entry work on adviser applications to speed up the...
Resimac takes over data entry for advisers
20 June 2019 - Non-bank Resimac is taking over data entry for home loan applications to make the process more simple for advisers.
Resimac cuts rates; Prospa lists on ASX
13 June 2019 - No rate changes from the big banks today, but plenty of news from the non-banks. Resimac has made some big cuts to its home loan rates. Check out the details...
Prospa raises more than $100 million
12 June 2019 - SME lender Prospa, led in New Zealand by former Resimac general manager Adrienne Church, has completed a stock market listing in Australia, raising more than $100 million.
Resimac slashes rates again
12 June 2019 - Non-bank lender Resimac has made significant cuts to its two and three year mortgage rates, as home loans become cheaper across the New Zealand market.
Resimac adds an underwriter
24 May 2019 - Non-bank mortgage provider Resimac has bolstered its New Zealand underwriting team with the appointment of a new Senior Underwriter.
Prospa plans IPO
16 May 2019 - Adrienne Church's new employer Prospa has revealed plans to join the Australian Securities Exchange as the SME lender looks to raise $109.6 million.
Caution urged on financial safeguards
14 May 2019 - The government must ensure its proposed financial safeguards do not affect competition and consumer choice, according to Luke Jackson, head of Resimac's NZ business.
Luke Jackson to lead Resimac NZ
7 May 2019 - Luke Jackson, the former CEO of Southern Cross Financial, has been appointed to lead Resimac's New Zealand business.
Resimac hires new BDM
6 May 2019 - Non-bank lender Resimac has hired former Heartland Bank relationship manager Ben Jamieson as its new BDM.
Resimac takes on banks with big cuts
11 April 2019 - Non-bank lender Resimac has waded into the mortgage price war with a series of aggressive rate cuts.
Australian non-bank Pepper eyes NZ
2 April 2019 - Aussie non-bank giant Pepper is plotting a move into the New Zealand market, joining a growing list of alternative lenders.
Resimac operations to remain locally run
1 March 2019 - Resimac New Zealand operations will continue to be run locally, rather than from Australia, following the departure of its general manager Adrienne Church.
New following for Resimac's Church
26 February 2019 - Resimac's New Zealand general manager Adrienne Church has resigned to take up a new role.
Resimac in senior reshuffle
29 January 2019 - Australia-headquartered non-bank lender Resimac has announced Scott McWilliam as its sole CEO, with long-serving joint CEO Mary Ploughman to leave the group.
Non-banks head to Hamilton and Christchurch
15 January 2019 - The popular "speed-dating" event for non-banks and mortgage advisers is set to roll into Hamilton and Christchurch early this year as non-traditional lenders look to build on a promising 2018.
Resimac tweaks credit assessments
14 December 2018 - Non-bank lender Resimac is set to change the way it handles customer credit assessments, looking at "credit events", rather than individual listings. The move will make it easier for customers with previous credit issues to access financing.
Speed-dating to become regular non-bank event
21 November 2018 - Following a successful second speed dating event in Wellington, New Zealand's non-banks are set to hold more special events in the New Year as adviser interest grows.
Non-banks plan second “speed dating” event
31 October 2018 - New Zealand’s non-bank lenders are to join together in Wellington for a second “speed dating” event with mortgage advisers, following the success of a first session in August.
Homeloans to rebrand as RESIMAC
24 October 2018 - Australian non-bank lender Homeloans Limited and subsidiary RESIMAC are to merge under a single brand as the company continues to build market share in New Zealand.
RESIMAC builds non-bank market share
24 August 2018 - RESIMAC Home Loans took a bigger slice of the non-bank adviser market last year, as overall applications rose by 32%.
Non-bank lenders go dating advisers
22 August 2018 - Five non-bank lenders have clubbed together to run a speed dating event for mortgage advisers in Auckland.
Avanti makes major home loan changes
7 August 2018 - Avanti Finance, the non-bank lender backed by Westpac, has made a number of changes to its home loan offering as it seeks to gain market share from New Zealand’s big banks.
RESIMAC unveils self-employed specials
14 May 2018 - Non-bank lender RESIMAC has introduced rate cuts and new products for the self-employed as it targets more business rejected by the major banks.
RESIMAC cuts rates after 30% volume rise
11 May 2018 - Non-bank lender RESIMAC has unveiled a series of interest rate cuts on its home loan products after experiencing record growth in April.
Mortgage People founders launch online brokerage
18 April 2018 - The two industry veterans behind Mortgage People, Carey Brunel and Glenn Christie, have launched a new online mortgage adviser and price comparison site.
RESIMAC applications up 30% as Homeloans profits soar
1 March 2018 - Non-bank lender notes uptick in business as parent group sees strong profit
Bluestone returns after 10 year absence
27 February 2018 - Australian specialist lender Bluestone takes first steps back in New Zealand, lending to credit impaired and self-employed borrowers and targeting property investors.
RESIMAC appoints new lending manager
15 January 2018 - RESIMAC Home Loans has appointed Vincent van der Kraaij as its Lending Manager. van der Kraaij joined RESIMAC Home Loans at the start of the year and has...
RESIMAC turns five
1 December 2017 - Lending times have changed and, in its five years in New Zealand, RESIMAC has embraced those changes and thrived.
RESIMAC offering to refund first month of loan P&I
2 November 2017 - RESIMAC is offering to repay the first month's principal and interest on for new borrowers when they take out either a specialist or low-doc loan with the company.
First month P&I free offer launched
2 November 2017 - RESIMAC is offering borrowers the first month interest free when they take out either a specialist or low-doc loan with the company. [Read On] ...
Avanti creates new role and fills from a competitor
22 June 2017 - Avanti Finance has created a new Property Portfolio Manager role which is seen as key to the continued development and growth of their mortgages channel.
RESIMAC increases loan size limits
25 May 2017 - Specialist lender RESIMAC had made a number of changes to where it will lend.
RESIMAC cuts rates
18 April 2017 - RESIMAC have started the week with some good news, dropping some of its rates. The Prime floating rate is now down to a straight 5.00% and its two-year...
RESIMAC offers investors discounted rates
16 February 2017 - There's lots of talk about rising interest rates, but non-bank lender RESIMAC is offering discounts for property investors.
RESIMAC answer broker questions over its new channel
10 November 2016 - RESIMAC has launched a direct offering to retail borrowers to build the company's brand and reach parts of the market it isn't represented in. RESIMAC general manager Adrienne Church answers some of the questions she is receiving from brokers.
RESIMAC gets it's first white-label boost
1 November 2016 - RESIMAC's first white label home loan product has been launched with around 50 new advisers now accredited to write business for the company.
RESIMAC takes the lead
29 August 2016 - RESIMAC has cut its variable rate to take a market leading position. See how it stacks up here where we have sorted the rates table from lowest to highest...
Grosvenor takes aim at banks with new KiwiSaver product
11 August 2016 - [UPDATED] Grosvenor Financial Services, which plans to rebrand itself next month, has taken aim at the banks and is introducing a home loan product, initially targeted at KiwiSaver members.
RESIMAC partners with financial advisory firm
11 August 2016 - RESIMAC has done its first white label distribution deal offering home loans to financial advisers through Wellington-based firm Grosvenor Financial Services.
RESIMAC makes important changes to rates and fees (+ VIDEO)
5 August 2016 - RESIMAC says it will continue lending up to 80% but it is making some changes to its products and pricing to help manage the mix of owner-occupied lending and property investment loans.
RESIMAC has lowered rates
5 August 2016 - Non-bank lender RESIMAC has lowered its fixed rates today. We will have more on its changes later today. ...
RESIMAC in merger talks with fellow non-bank lender
20 July 2016 - Two of the biggest non-bank lenders are looking to merger to take advantage of the changing lending environment in both Australia and New Zealand.
RESIMAC adds processing fee to loan applications
25 September 2015 - Specialist lender RESIMAC has taken a bold step and decided to charge a loan processing fee when deals are lodged.
Big bank bags Bailey
3 July 2015 - Well-known business development manager Scot Bailey is leaving RESIMAC after 11 years with the company and its predecessors.
Today's yield curve
15 June 2015 - Today we have compared standard home loan rates from five lenders. The results are interesting.
RESIMAC says bring it on
8 June 2015 - Well, not exactly. Those are my words after seeing the non-bank lender had put out one of the sharpest variable rates today. Check it out here. As it is...
RESIMAC's new low variable rates
8 June 2015 - Non-bank lender RESIMAC has taken a market leading position with its variable rate and also made other changes across the card. Full details here.
RESIMAC's new rates and policy updates
14 April 2015 - RESIMAC Home Loans has reduced all fixed rates across its Prime Products including interest rates to the LVR bands above 80%.
Simple and better: RESIMAC's new loan offerings
2 March 2015 - Greater flexibility for investors is contained in a raft of new offerings from non-bank lender RESIMAC Home Loans.
