NZ Adviser’s Post

Non-banks are offering a viable and flexible lending alternative to banks in New Zealand as they are able to adapt more quickly to a changing market and offer out-of-the-box solutions to mortgage advisers and their customers. That's one of the key takeaways from NZ Adviser's recent non-banks roundtable, which featured Avanti Finance general manager property Ian Boyce, Resimac New Zealand general manager Luke Jackson and Pepper Money New Zealand country head Campbell Smith along with mortgage advisers Connie Wang, director of Prosperity Finance and Satyan Mehra CA, director of iConsult Mortgage Brokers. The roundtable discussed the prospects for the non-bank sector; how a changing economy affects lending markets; advisers’ evolving attitudes to both banks and non-banks; and the importance of relationships in keeping the system running and responsive to real-world demands. Read the full article here: https://lnkd.in/gG_fUv5w #nonbanks #nonbanklenders #mortgageadvisers #mortgageindustry

In New Zealand, non-banks are proving to be flexible and innovative alternatives to traditional banks, swiftly adapting to market changes and offering unique solutions to mortgage advisers and their clients. The article below is a must read for those wanting to understand the sector better.

As interest rates stay high, non-banks are stepping up as crucial alternatives for borrowers shut out by traditional lenders. Learn how industry experts Ian Boyce of Avanti Finance, Luke Jackson of Resimac.co.nz, Campbell Smith of Pepper Money ANZ, Satyan Mehra CA of iConsult Mortgage Brokers, and Connie Wang of Prosperity Finance are leveraging innovative financial solutions to navigate New Zealand's evolving lending landscape. Discover how they are shaping the future of finance in an increasingly competitive market. https://hubs.la/Q02Bthcd0 #nonbanks #innovativefinance #industryexperts #financialsolutions

In this highlighted clip, Sunwest Bank CEO, Eric Hovde, highlights that 22.9% of all mortgages are all below 3% and a whopping 60% of all mortgages are below 4%. This key insight sheds a light on a major factor contributing to the slowdown in the housing market. For a full list of videos, please visit: https://lnkd.in/eCWZJWSJ #SunwestBank #EconomicForum #Bank #Banking #Finance #Economy #EricHovde #FinancialInsights

How valuable are brokers to SMEs? In a recent article in Mortgage Introducer, Allica Bank’s Niv Subramanian said "Good brokers help customers expand their option pool and find the best financing solutions, especially for established SMEs with complex needs". Subramanian emphasises that brokers should stay close to clients, ready to help them with opportunities in uncertain times. She advises working with reliable, flexible banks and highlights the government's role in encouraging green finance and lending beyond typical risk appetites. We, at Provide Finance have found this to be true - and see more and more clients reaching out to us in search of specialism and a strong network of relationships. This has become true, as the day of visiting your local bank advisor is fast becoming a thing of the past in the new work of digital financing solutions. Do you agree? Source article: https://hubs.la/Q02CFZRr0 #SMEs #Brokers #Economy #Finance #UKBusiness Chris Dexiades Miranda Khadr ••

Australia’s non-bank lending industry is continuing to grow with expectations CRE private credit lending alone will double over the next 10 years. Our Managing Director, Adam Kaye was sought for his views by The Urban Developer on the need for regulatory intervention, emphasising the importance of a balanced and considered approach, noting that competitive forces and the naturally prudential dynamics of Australia’s wholesale capital markets already provides a level of self-regulation not necessarily reflected in other jurisdictions.   “The view we take is that we first want to make sure that APRA is doing its job of understanding this sector and this market properly,” Kaye says. “It needs to ensure that it doesn’t risk over-regulating, or regulating prematurely a sector that really needs to establish itself, before intervention undermines it and denies liquidity to a sector of the market that is in critical need of it. We think the first obligation of APRA is to properly map the market and understand its composition with a view to understanding the weight of regulation required to ensure the orderly functioning of the market” To read the full article: https://lnkd.in/gBc6mmjw Adam Kaye | Robbie Fallon | Jeremy Urbach

Supply and demand imbalance causing funding gap for non-bank lenders. Australian banks have largely retreated from all types of lending bar residential mortgages due, in large part, to Basel III and risk-weighted asset impositions, leading to reduced supply from ADIs. To fill the void, a host of SME lending originators have emerged, many providing niche lending options with tech-enabled processes and non-traditional funding sources. Explore further analysis in the detailed slide deck below. Reach out to us on info@foresight-analytics.com if you have questions or comments. Sign up today to explore our dispassionate and strategic insights via the link below. https://lnkd.in/dE_w-U96 #assetallocation #strategicresearch #inflation #economicoutlook #assetgrowth #digitalresearch #marketinsights #SMElending #lenders #privatecredit #megatrends

The July 2024 Bulletin has been released. It features articles on: • Assessing Potential Output and the Output Gap in Australia • Skills Match Quality Following the COVID-19 Pandemic • How the RBA Uses the Securitisation Dataset to Assess Financial Stability Risks from Mortgage Lending • Recent Drivers of Housing Loan Arrears • The Australian Repo Market: A Short History and Recent Evolution Read the July issue: https://bit.ly/46l6AYV #RBA #Bulletin #Economy #Banking #MonetaryPolicy #Payments #FinancialStability

Canadian banking regulator says real estate, mortgages pose risk to financial systems Contact me to discuss the latest scoop in real estate! #realestateToronto #gta #realestategta #torontohomestaging #torontorealtor #torontorealtors #mississauga #torontostagers #torontorealestate #gtahomes

📝 The Efficiency Imperative: How Credit Unions and Community Banks in Canada Can Streamline and Accelerate Commercial Lending 📝 Canadian credit unions strengthen communities by providing vital financial support to growing local businesses, particularly small businesses, and those in the agricultural sector. Shah Usama Javed discusses how technology-powered efficiency and operational excellence can transform commercial lending for credit unions and community banks. Read the full blog here: https://lnkd.in/gxyRDU_n #CreditUnions #Banks #FinancialInstitutions #MortgageOrigination #CommunityBanks #DigitalOrigination #Autolending