RBA warns the banks ‘don’t be stingy’ (2GB Money News)

The Reserve Bank of Australia has warned banks to loosen up their lending practices when approving home loan applications. Firstmac CFO James Austin tells Ross Greenwood bank staff need to be more consistent when granting credit.  

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14 Oct 2016

Non-bank unveils two-week settlement guarantee

Non-bank lender Firstmac has announced its “fastest ever” settlement guarantee promising that broker clients can go from application to settlement in just two weeks.

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