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FSF in the News

Government's controversial home lending rules:

The Government's tweaks to the responsible lending rules may not move the dial enough to make a difference to borrowers, a group representing New Zealand's banks says.

11/03/2022

Government's controversial home lending rules:

Credit crunch or responsible lending? Has the law gone too far?

It was meant to protect vulnerable borrowers from getting too deep into debt or being targeted by predatory lenders.

4/02/2022

Credit crunch or responsible lending? Has the law gone too far?

Are non-bank lenders able to fill the mortgage lending gap?

Non-bank lenders are reporting a surge in mortgage inquiries in the wake of new lending rules, but those applications are not guaranteed success, Lyn McMorran​, executive director of the Financial Services Federation says.

30/01/2022

Are non-bank lenders able to fill the mortgage lending gap?

Editorial: Lending an ear to warnings could have spared red faces

The Financial Services Federation (FSF), the industry body for responsible non-bank lenders, has added to the chorus of disapproval by writing to Clark and officials outlining its concerns. "These laws do not just affect bank customers,

21/01/2022

Editorial: Lending an ear to warnings could have spared red faces

Finance companies urge minister to act

Industry body wants to work with government to solve problems with new lending laws as vehicle loans plummet.

19/01/2022

Finance companies urge minister to act