Latest Mortgage Lending News

Pepper Money has ended talks with Challenger Limited over a $2.25 per share acquisition proposal, citing execution concerns, while reporting robust early 2026 growth and confirming a fully franked dividend.

Commonwealth Bank of Australia reported a robust half-year result for December 2025, with a 6% rise in cash NPAT to $5.445 billion and a 10-cent dividend increase, underpinned by disciplined growth and strong capital management.

N1 Holdings Limited has expanded its funding capacity beyond $380 million through a major refinance and the launch of a new mortgage fund, positioning itself for growth in Australia's private credit market.

Pepper Money and KKR have agreed to acquire Westpac’s RAMS home loan portfolio, marking a significant move in Australia’s mortgage servicing landscape. The $21.4 billion portfolio acquisition aligns with Pepper Money’s strategy to expand its capital-light servicing business.

Resimac Group Ltd reported a stable FY25 net profit after tax of $34.6 million and declared a fully franked final dividend of 3.5 cents per share, maintaining its steady financial footing amid modest revenue growth.

Helia Group Limited delivered robust half-year results for 2025, reporting a statutory net profit after tax of $134 million and a significant 28% increase in gross written premiums. The company strengthened its capital position while navigating a shifting mortgage insurance landscape.

AMP Limited reported a modest increase in underlying net profit after tax to $236 million for the first half of 2025, supported by steady revenues and disciplined cost management across its key business units.

Helia Group announces the departure of CEO Pauline Blight-Johnston after five years, appointing CFO Michael Cant as interim CEO amid evolving market conditions. The leadership change signals a strategic pivot for the lender mortgage insurer.

Bendigo and Adelaide Bank reported a 7.8% decline in cash earnings for 3Q25, reflecting lower other income and a slight dip in net interest income, while completing its Rural Bank system migration.

Westpac Banking Corporation posted a $3.5 billion net profit for the first half of 2025, maintaining strong capital ratios and advancing its digital transformation and sustainability initiatives despite a slight earnings dip.

Judo Capital Holdings Limited has released its Basel III Pillar 3 report for the half year ended December 31, 2024, revealing a robust capital position and detailed credit risk exposures that exceed regulatory transparency requirements.