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Aggregator sells $125m of loan book

A listed mortgage aggregation group has announced the sale of $125 million worth of loan assets managed by its non-core business.

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Former Mortgage Choice CEO joins ASX-listed group

A former chief executive of Mortgage Choice has been appointed as a director of a diversified financial services group.

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Mortgage Choice winds up online business

Listed broking group Mortgage Choice has just announced that it will wind up its comparison website.

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People’s Choice CEO announces retirement

Peter Evers, chief executive of People’s Choice Credit Union, has announced his retirement after 15 years in the role.

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AFG awards top brokers and digs deep for charity

AFG’s fourth annual Commercial and Equipment Finance Conference recognised its top commercial and equipment finance brokers, and also raised money for a worthy cause.

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Aggregator extends $58.4m senior debt facility

Mortgage aggregation group eChoice has extended its $58.4 million senior debt facility for a further two years as part of its three-year growth strategy.

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Financial advice JVs on the rise, says aggregator

A non-bank aggregator has identified that new business structures are being formed between mortgage brokerages and financial planning firms in place of traditional referral deals.

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AFG mortgage stats reveal winners and losers

The Commonwealth Bank group has won a large gain in market share from AFG brokers, while Westpac and its sub-brands have had a sharp decline.

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AFG snares real estate-backed mortgage group

Australia’s largest aggregator has partnered with a new brokerage that expects to be represented in all states and territories by the end of the year.

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Investors drive record result for major aggregator

Strong investor activity in Victoria and New South Wales has helped one of the nation’s largest aggregators process more than $4 billion loans in April.

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