Australian Broker forum is the place for positive industry interaction and welcomes your professional and informed opinion.

Records broken as processed mortgage figures jump 40%

Notify me of new replies via email
Australian Broker | 03 May 2013, 07:00 AM Agree 0
A major aggregator pulled in $3.2 billion in home loans last month, the company's largest ever volume for a one-month period
  • David | 03 May 2013, 11:26 AM Agree 0
    Impressive numbers without doubt but I find the article a little ambiguous. It starts out talking about the number of loans processed and then quotes dollar amounts. And what do they mean by processed? Is it lodgements or settlements?
  • Keith B | 03 May 2013, 11:52 AM Agree 0
    Agree with David ~ one is only paid by settlements ~ lodgements mean diddley!

    Usless propaganda in my view
  • 1martym1 | 03 May 2013, 04:41 PM Agree 0
    split loans perhaps?
  • OzBoy | 06 May 2013, 10:09 AM Agree 0
    And lets face it the real test is 2 years latter when they are out of claw back. Wonder if any Aggregators go back and readjust their figures? RALMAO, ;-)
Post a reply