Posts Tagged Mortgage Choice

  • Going offline cops Flack Going offline cops Flack

    Firstfolio chief Mark Flack says that offering online customers an offline experience is a big mistake BY CHARIS PALMER UBank's plans to launch a mortgage product have been delayed by the technical glitch that affected the payment transactions of thousands of NAB customers, a source close to ...

  • UBank readies mortgage for NAB experiment UBank readies mortgage for NAB experiment

    NEWS After more than a year in development, UBank will launch a mortgage product this Saturday, a source close to the bank told Online Banking Review. The launch comes at a challenging time, with the group beaten to market this week by Firstfolio, and broker Mortgage Choice hot on its heels. ...

  • The people take a hit The people take a hit

    The gloves are off as the Government and Opposition wade into the ring on the Commonwealth Bank's latest mortgage rate rise BY CHARIS PALMER November's 0.45 per cent mortgage rate rise by the Commonwealth Bank should sound a huge wake-up call for the Australian Competition and Consumer Commi...

  • Removing exit fees not the answer says Mortgage Choice chief Removing exit fees not the answer says Mortgage Choice chief

    NEWS Removing exit fees on mortgages will damage competition and result in lenders simply shifting fees says Michael Russell, chief executive officer of broker Mortgage Choice. "The issue around removing exit fees is one the Government needs to tread carefully on," says Russell. He argues most...

  • Mortgage Choice chief would welcome Mortgage Choice chief would welcome “Postbank” home loans

    Mortgage Choice chief executive officer Michael Russell says he would welcome Australia Post into the broking community, should Ahmed Fahour decide to pursue a mortgage distribution strategy. And, he says, “If they went with a white label product, we would sell it”. Russell was commenting ...