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LIXI CEO announcement
LIXI announces Tim Brown will commence as CEO in January 2017.
Lisa Claes stated "LIXI will benefit from Tim’s wealth of experience and in-depth knowledge of the lending sector from a business and stakeholder perspective, together with his strong leadership skills."
Tim advised that he is very excited to be working for LIXI and once again having the opportunity to be part of the mortgage industry. He will work with LIXI’s members in building on the current technology while exploring new technology that will make our industry more efficient and compliant.
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ASIC AND RESPONSIBLE LENDING:
On 14th September, ASIC released its report (REP 493) 'Review of interest-only home loans: Mortgage brokers’ inquiries into consumers’ requirements and objectives' on the responsible lending practices of 11 large mortgage brokers with a particular focus on how they inquire into and record consumers' requirements and objectives.
Via the Living Expenses Working Group LIXI continues to support our members and licensees, ensuring they are able to adapt to any change required by ASIC.
If you would like to get involved email email@example.com.
One of LIXI’s prime objectives is to collaborate with stakeholders to develop and maintain data standards that enable efficient processing of customer transactions through the lending cycle.
These LIXI standards address a number of distinct B2B transactions that take place right though the lending cycle from lodgement through settlement to discharge.
Over the last ten years, LIXI standards have been adopted universally across the Australian industry and has been significantly enhanced through the launch of the next generation LIXI 2.0 standards.