MORTGAGE LENDING 2018/19

Posted By Dural Rotary


An interesting presentation by Mark Chain.

Mark Chain has spent most of his career in the property and finance industries has been a mortgage adviser for over 10 years. He holds holds diplomas in Financial Services and Financial Planning.

Mark Chain giving some valuable insight into how lending has changed in the past couple of years.

He gave us some valuable insights into how lending practices have changed in the past few years, especially since measures have been put in place to put the brakes onto property investors, many as a result of the Banking Royal Commission. These changes are having are having an influence on property prices with recent monthly house price declines the largest since the GFC. The full impact may be yet to come, with the possibility of more changes, comprehensive credit reporting and arrival next year of open banking.

Even more hoops now need to be jumped through to obtain property finance – and thereby helping to de-risk the sector.

Mark is presented with an appreciation of his presentation by Clarrie.
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