Articles tagged with 'non-bank lenders'
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...
Conrad Funds targets growth with mortgage fund
31 May 2019 - Non-bank mortgage lender Conrad Funds Management is looking to grow its mortgage book after opening up its fundraising to retail investors.
Pepper makes NZ BDM hire
21 May 2019 - Australian non-bank lender Pepper Money has made a key BDM hire after taking its first steps into the New Zealand market.
Non-bank Pepper teams up with Astute
20 May 2019 - Australian non-bank lender Pepper Money has taken a big step into the New Zealand market by signing a partnership deal with Astute.
Avanti targets adviser channel with BDM hire
5 April 2019 - Non-bank lender Avanti has promised more support for the adviser channel following the appointment of a new BDM, as it expands its range of products.
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.
Southern Cross CEO Jackson departs
28 March 2019 - Luke Jackson has left his role as CEO of peer-to-peer lender Southern Cross Financial after three and a half years in the role.
Online lender Spotcap hires NZ managing director
27 March 2019 - Online SME lender Spotcap has hired Simon Keast as managing director for Australia and New Zealand, as the Berlin-based finance company aims for regional expansion.
Four credit unions vote through merger
19 March 2019 - Four of New Zealand's major credit unions have voted 'yes' to a nationwide merger — but one party has dropped out of the deal.
How Australia’s Royal Commission could affect NZ investors
7 February 2019 - Shockwaves are running through Australia’s finance industry following the Royal Commission’s damning report so how could the recommendations impact on New Zealand investors?
First Mortgage Trust confirms Capital Group deal
4 February 2019 - Non-bank lender First Mortgage Trust has confirmed its management company has been taken over by the private equity firm Capital Group. The announcement comes after TMM Online revealed the deal on Friday.
Non-bank mortgage lending soars in 2018
1 February 2019 - Non-bank mortgage lending volumes jumped by more than $500 million last year, according to newly-released data, which underlines the growing prominence of alternative lenders.
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.
Non-bank surge to continue: KPMG
17 December 2018 - Non-banks posted a 22.9% increase in net profit last year, according to KPMG's latest non-bank report. The advisory firm tips non-banks to grow further in 2019, as banks tighten up in the aftermath of the Royal Commission.
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.
NZCU Baywide aims for first home buyers
18 October 2018 - NZCU Baywide has relaxed its requirements for first home buyers with a series of new features aimed at luring younger customers.
Basecorp latest non-bank to target prime customers
10 October 2018 - Non-bank lender Basecorp Finance has launched a new prime offering for mortgage borrowers, as alternative lenders continue to take market share from the big banks
Asset Finance agrees takeover
12 September 2018 - Whakatane-based non-bank lender Asset Finance has been acquired by British finance firm Blackstar Capital Group.
Cressida deploys $50 million capacity for premium product
30 August 2018 - Specialist mortgage lender Cressida Capital has rolled out a new premium mortgage product, and has $50 million of capacity to build market share.
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.
General Finance stock market listing moves closer
1 August 2018 - The stock market listing of non-bank lender General Finance moved a step closer this week as a deal with a listed cash shell was approved by shareholders.
