SoFi enters HELOC market amid home equity surge

By: ameer@trustedteam.com

The addition of HELOCs at SoFi comes alongside the launch of a new advisory group, as the company heightens its focus on real estate lending.

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AI uptake surges among SMEs

By: ameer@trustedteam.com

Australia’s small- to medium-sized businesses are leading the AI wave, new research from National Australia Bank has found.

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Credit risk transfers earn bipartisan praise

By: ameer@trustedteam.com

Credit risk transfers, a means by which banks can move risk off their balance sheets, earned considerable bipartisan support in a House Financial Services subcommittee hearing Wednesday.

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How tougher business conditions are reshaping the broker role

By: ameer@trustedteam.com

Commercial brokers are increasingly moving from a transactional to a more strategic role as SME conditions become more complex, according to Connective’s head of commercial and asset finance.

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Why are lower-priced homes surging in value?

By: ameer@trustedteam.com

New analysis from Cotality shows properties below 5 per cent Deposit Scheme price caps have recorded stronger growth than higher-priced homes since October last year.

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BOQ leans into business lending as commercial growth accelerates

By: ameer@trustedteam.com

Bank of Queensland has posted strong growth in commercial lending as it continues to prioritise business banking, even as overall earnings softened in the first half of the financial...

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Moneytech criticises non-bank exclusion from billion-dollar loan scheme

By: ameer@trustedteam.com

Moneytech has criticised the government’s $1 billion Economic Resilience Program after it was revealed that non-bank lenders would be excluded from delivering the loans.

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Neo Financial taps capital markets with $150M securitization

By: ameer@trustedteam.com

Inaugural deal marks fintech lender’s entry into institutional funding channels as it looks to support growth of its credit card portfolio

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Canada wants reciprocity after U.S. ‘pocketed’ concessions

By: ameer@trustedteam.com

Canada’s new chief trade negotiator to the U.S. said she wants to see “some mutuality” from Washington in recognition of “significant” concessions it’s already made to address President Donald...

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