Spotlight: What open banking means for the mortgage industry

Open banking and the consumer data right have been in effect in Australia for years, but only starting to feed through into mortgages now. We find out how the new regime will impact mortgages. Partnered by NextGen In this episode, host Annie Kane is joined by NextGen's head of broker partnerships, Renee Blethyn, to unpack and demystify the open banking and consumer data right and what that means for mortgages and mortgage brokers. Tune in to find out: The benefits the regime provides to borrowers, brokers and lenders How the "trusted adviser" rules work in practice What's next for open banking in Australia And much more! Related Links: NextGen Open banking most used for expense verification: Frollo Open banking 'a pivotal event' for mortgage industry: NextGen.Net NextGen.Net eyes open banking space with new acquisition