Posts by Admin

Australian Mortgage is pleased to announce we have today processed our first mortgage application in partnership with Shore Financial, and as promised, it was all over in approximately 15 minutes. Dana Fraser, a senior credit adviser at Shore, is assisting the Parker family refinance their home in Forest Lake, Queensland. Using Intelligent Credit, Dana was…

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…

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…

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…

  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)…

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…

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…

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…

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…