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Podium pushback will fade with education: Weston Advantedge's Steve Weston has conceded that some brokers are unhappy with the aggregator’s new software, but said the company is investing heavily in training its members to make the most of the system All work and no play makes Jack a dull boy! Sorry but I'm a part-time broker and I dont think I would get my investment in timback. Have spent last 4 days stuffing ... Well said. For an aggregator with a cloud based system (multi platform) look at Connective. Well done Andrew Aickin for telling it as it IS. Our office is very computer savvy, but PODIUM has caused us to endure n ... Seriously though there are some great 3rd party software solutions out there (although I wouldn't include Symmetry in th ... More..	Adam Smith	22 Feb 2012 02:03 PM
Brokers could go free as NCCP jail threat reviewed A consumer advocate has flagged that criminal penalties threatening brokers and lenders as part of the NCCP’s hardship provisions could be removed How ironic, the very rules that protect the consumer now has the potential to indict the broker and lender. When did the ... The Smart thing to do is scrap NCCP all together. We did not need it in the first place and the Nation definately doesn` ...	Adam Smith	22 Feb 2012 08:21 AM
Choice furore 'storm in a teacup' The furore over consumer group Choice's mortgage switching campaign is just a "storm in a teacup", it has been claimed What praosnel qualification and criteria do I need to register an Australia Introducing Broker Service? Some brokers t ... maybe Choice should stick with comparing washing powders and likes. Which bank do you work for Jon? No fat in rates - you have to be kidding. The CBA as an example haven't discounted for 2 ... all I can see is a huge 10,000 client data base of consumers wanting to refinance ..Big Switch will not be able to assis ... This seems like a great opportunity to see if ASIC are serious about policing the industry, I can't see how you can offe ... More..	Adam Smith	21 Feb 2012 06:10 PM
COSL vows to 'get tough' on compliance COSL has issued a position statement on responsible lending, claiming it will “get tough” on NCCP compliance among its members COSL IS MAKING AN AMBIT CLAIM TO EXTEND THE RANGE OF ITS COVERAGE. EXPANSION OF INFLUENCE BY THREAT OF ACTION DOES NOT ... COSL is a dispute resolution scheme. . Their role is to facilitate thevresolution of a dispute nt act as a policeman. AS ... Ultimate Power ULTIMATELY CORRUPTS!!!! Very Interesting Position to have by COSL if the reports are correct! I thought ASIC were in charge of Compliance and E ... Mmm this will be interesting, no laws in place to confirm NCCP but COSL thinks it is above the law. If ASIC's attention ...	Adam Smith	21 Feb 2012 11:02 AM
Resimac commits to specialist lending Resimac has touted its commitment to specialist lending, saying it will not rely on "promotional gimmicks" Mr Whistleblower is Dead set right!!!! just went through the Cosl Well No more for us it does not fit our prime space ... ... purely from a 'personal risk management' perspective of a mortgage manager or broker, you would be NUTS to walk into ...	Adam Smith	20 Feb 2012 09:56 PM
MKM Capital drops rates, fees Non-conforming lender MKM Capital has announced cuts to its rates and fees, as well as the introduction of a new, non-coded product Well done on the common sense approach MKM	Adam Smith	20 Feb 2012 04:02 PM
St. George tips broker iPad app St. George has tipped the release of an iPad app it says will provide brokers up-to-the-minute information on products and pricing Hi Country Broker, You might be interested in using our newest product, eFind which allows you to complete a full fac ... Great idea...hope the other lenders follow on.. Sounds great i cannot wait for this , Plan have advised that Podium will not have an IPad application , we have asked !! ...	Adam Smith	20 Feb 2012 02:07 PM
CBA loans 'just crossed' profitability line with hike Commonwealth Bank CEO Ian Narev has claimed the bank's recent rate hike will not "make a huge difference" to the bank's profitability They offer the biggest discounts the industry has ever seen, then complain the business was not profitable. Geez I wish ...	Adam Smith	20 Feb 2012 11:16 AM
BoM ups ante with LMI refund pitch Bank of Melbourne has announced an LMI refund offer it says will help woo brokers Well this is realy St George or should I say Westpac. So are we going to see this same offer in other states. If they we ...	Adam Smith	17 Feb 2012 11:00 AM
Segmentation: Like insurance in the 80s A financial services consultant has branded current bank strategies for broker segmentation like the insurance channel of the 1980s A true broker puts the clients in a loan that best suites the clients need (NCCP). the majority of cases Westpac product ... Dont be silly Kate. That would require common sense & logic. It is definitely not in the interest of the client, How can it be??? How about they provide good products, service for t ...	Ben Abbott	16 Feb 2012 08:18 PM

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