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Aggregator

AFG grows book to $140bn

The major aggregator has recorded 11 per cent growth in its combined residential and commercial loan book over the first half of FY2018.

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Rumours swirl as eChoice sale reaches final stages

Mortgage Business understands that a non-bank lender has made an unconditional bid to acquire embattled aggregator eChoice.

mortgagebusiness
Major aggregator to merge with bank

An Australian bank has inked a proposed merger deal with a major mortgage aggregator after rejecting a takeover bid from one of the country’s largest non-bank lenders.

mortgagebusiness
Aggregation ‘a very different environment today’: NAB

The days of mortgage aggregators receiving big sponsorship dollars from the banks and throwing overseas parties are numbered as the third-party channel transitions towards more ...

mortgagebusiness
AFG marks record $350m RMBS transaction

Australian Finance Group has announced the completion of a $350 million RMBS transaction, marking the company’s “largest” term deal.

mortgagebusiness
AFG boosts profit by 33%

The normalised net profit after tax at the major Australian aggregator has swelled by a stunning 33 per cent year-on-year to $30.2 million.

mortgagebusiness
Refi boom winding down: AFG

The proportion of loans being refinanced has dropped to below 30 per cent for the first time in four years, new figures from AFG have revealed.

mortgagebusiness
Aggregator sees 40% rise in settlements

eChoice has announced that it has finished the financial year with a record $365 million in settlements in May 2017.

mortgagebusiness
Aggregation market too ‘mature’ to disrupt

A leading fintech specialist has said that, despite the influx of new technology coming to the mortgage industry, there is one part of the market that is "so mature" it cannot be disrupted: ...

mortgagebusiness
Use cash to afford deposit, says Mortgage Choice CEO

The CEO of a leading mortgage brokerage has advised first home buyers to use cash over card, move back in with their parents, and set aside 10 per cent of their salary to save enough money ...

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