Alex Brgudac, the head of partnerships at SME lender Prospa, is to step down from his role as he sets up a business consultancy targeting the finance industry.

The association has warned brokers about the risks of home ownership measures that allow borrowers to buy a home with a 2 per cent deposit, particularly in light of BID.

AFG has welcomed a former Westpac business banking manager to its Sydney team as a business relationship manager of its lending arm.

The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ended 14 May.

The Adviser’s national awards program for the mortgage and finance broking industry has opened for submissions!

The asset and equipment finance provider has changed its name and launched a new broker platform to streamline referrals and applications.

Several members of the broking industry have welcomed the federal budget’s measures for home ownership, but some have noted that they will not curb the pace of house price growth.

The major bank has announced that it will proceed with the acquisition of 86 400 after receiving court approval, with implementation expected next week.

Brokers Adrian Lee and Stephen Michaels of Catalyst Debt Capital are offering free mentoring advice for brokers looking to scale their business in a bid to help more brokers excel.

A former NAB business development manager has been appointed as a new broker success manager for Loan Market in NSW.