Mike Pero Mortgages chief executive Mark Collins has accepted a new role outside of the finance industry.
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Financial advisers have been told the Credit Contracts and Consumer Finance Act (CCCFA) is bad law but it is not the main issue on the table right now.
The enquiry into the Credit Contracts and Consumer Finance Act (CCCFA) might have terms of reference after all.
The New Zealand operations of ASX-listed small business lender, Prospa, "continues to contribute significantly" to the group's performance.
The non-bank lender, Resimac, has vowed to speed up mortgage lending by not “nit picking” over how how many cups of coffee or glasses of Cab Sav would-be borrowers have been consuming.
The Property Investors Federation has rebutted a Sunday Star Times article claiming there are 605,722 investment properties owned by 533,000 people or businesses in New Zealand.
Weaker prices for houses, particularly in Auckland, could mean the start of the long-anticipated downturn in the market.
A mortgage is not just getting more expensive as interest rates rise. A mortgage is now hard to get full stop, says Jarrod Kerr, Kiwibank chief economist.