Australian Interest Rates and Mortgage Spreads, What’s Going to Happen?

March 29, 2019

Australian Mortgage is a neo lender which is about to launch a mortgage origination and funding platform that relies on providing mortgages at market rates and funding in the banking and securitisation markets at market rates. Whilst there is a correlation between market mortgage rates and margins that a neo lender may be able to…

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What is Risk-Based Pricing?

March 1, 2019

Risk based-pricing is considered by many to be the future of lending and is becoming more and more prevalent in this new wave of neo banks and neo lenders. Risk-based pricing in the credit market refers to the offering of different interest rates and loan terms to different consumers based on their creditworthiness. The rate…

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Fifteen Minute Approvals at Australian Mortgage

February 25, 2019

Mortgage approval in 15 minutes? Just downloading the paperwork and sending all the attachments takes a lot longer than that. Intelligent Credit by Australian Mortgage now makes it possible to get approval in 15 minutes. Getting there took more than eight years — including two years of development with 7 IT developers, and Australian Mortgage’s…

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Neo-lender successfully closes crowdfunding campaign

January 7, 2019

  A soon-to-be-launched blockchain mortgage lender has successfully closed its crowdfunding industry equity offer after having received $671,000 in share applications, largely from the broking industry. Australian Mortgage Marketplace (AMM), which is set to launch next year, initiated a crowdsourced funding equity offer to investors (including mortgage brokers), in October. Co-founded by industry stalwarts Graham Andersen (CEO)…

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Neo lender finds a neo way

November 26, 2018

A new mortgage lender has commenced a series of events to over 1,200 registered attendees. Giving brokers a chance to become owners of the neo lender Australian Mortgage Marketplace. The neo lender, Australian Mortgage Marketplace has decided to take advantage of new legislation recently given the tick of approval by the Federal Parliament, after more…

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The Personal Touch

November 7, 2018

Here’s an interview of our COO Kym Dalton, where he makes some bold predictions on the role of the mortgage broker in the future. Kym Dalton, COO of Australian Mortgage Marketplace explains how the lender will shake up borrowing, funding and rates The year is 1992. Securitisation is the new financing mechanism on the block…

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Expect change in the market

October 23, 2018

Here’s an article from Australian Broker about how we’re driving change in Australia’s home loans market with intelligent credit funded on our mortgage securitisation blockchain. To find out more, register your interest to attend one of our launch events or webinars here. The Australian home loan market is “broken” and about to experience the biggest…

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How to achieve better consumer outcomes

September 20, 2018

There’s a common view that Australia is experiencing a ‘tightening of credit standards’ following scrutiny of lenders and brokers by ASIC, APRA and the Financial Services Royal Commission. This view has found expression in a renewed focus on ‘responsible lending conduct’- and the verification of applicant expenditures in particular. Firstly, it’s AMM’s view that there…

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Neo Lenders lead the market with technology

September 12, 2018

Neo Lenders will lead the way and use new technology across the life cycle of a mortgage to provide home loans that comply with responsible lending while also providing a superior service, writes Graham Andersen chief executive of Australian Mortgage Marketplace.  Australia’s non-bank lenders have been an important part of the Australian prime mortgage markets for…

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Context-driven financial literacy key to responsible borrowing – Mortgage Business

August 30, 2018

AMM will embrace meaningful responsible lending to ensure that borrowers obtain the right loan at the right time. Here’s an article from Mortgage Business in which AMM COO Kym Dalton explains the shift in delivery of financial education to borrowers. Responsible borrowing and spending need to be facilitated through context-driven financial literacy, according to the…

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