The TOP 10 stories on tmmonline.nz

A lot has happened in the market since the last edition of the magazine. Here are the most-read industry stories from tmmonline.nz

01 NEW COMMERCE MINISTER BLAMES INDUSTRY FOR CCCFA

The new Minister of Commerce and Consumer Affairs says the finance industry must share responsibility for problems with the CCCFA.

02 HELPING TO SCALE THE COMING INTEREST-RATE CLIFF

It will still hurt, but Squirrel founder John Bolton has come up with ways to make the coming loans crunch marginally less painful for borrowers.

03 NO SENSE OF REALITY IN BANK'S LOW-RATE OFFERS

There is a mix of acceptance and irritation among advisers at a series of cheap mortgage deals done by banks 'on the side'.

04 BIG LOAN MARKET WRITER GOES ALONE

One of Loan Market's top writers has left the franchise to set up his own mortgage advice business.

05 FIRST CLUE ON HOW NEW CONDUCT RULES WILL IMPACT ADVISERS

The much-awaited guidance on how new conduct rules will work with advisers has been released by the Financial Markets Authority.

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06 SMALL CCCFA RELIEF TO STORM VICTIMS

The Government has moved to ease the impact of the Credit Contracts and Consumer Finance Act (CCCFA) on storm-damaged properties.

07 WARNING TO DU VAL OVER MISLEADING INVESTORS

Property development company Du Val Capital Partners’ suspension of cash distributions to investors in the company’s mortgage fund has drawn a formal warning from the FMA for misleading conduct..

08 SECOND PERSON SENTENCED IN $8.7M MORTGAGE FRAUD CASE

An Auckland woman who took part in a multimillion-dollar mortgage fraud scheme with her husband and another couple was sentenced to 12 months home detention after pleading guilty.

09 FINANCIAL SERVICES NOT SMOTHERED IN RED TAPE: NEW MINISTER

The new Minister of Commerce and Consumer Affairs believes the finance industry shares some of the blame for problems with the Credit Contracts and Consumer Finance Act (CCCFA).

10 KIWIBANK SAYS RBNZ SHOULD PAUSE OCR HIKES

Kiwibank is calling on the Reserve Bank to put on hold any official cash rate increases, as the country deals with the aftermath of Cyclone Gabrielle.