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NAB snatches market share

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Australian Broker | 01 Mar 2011, 04:00 AM Agree 0
NAB has increased its mortgage market share, according to official figures released by APRA
  • Countrybroker | 01 Mar 2011, 04:09 PM Agree 0
    The3re are no surprises here,noting the CBA ONLY grew by 0.20%, reason is the public and brokers are not fools!! you would deal with the NAB except for the fact they do not pay trailers no pay no deal. A simple decision for brokers.
  • Ian Jervis - Paradime Home Finance | 01 Mar 2011, 04:33 PM Agree 0
    NAB's growth in market share may have come about as they seeem to be severely restricting other insititutions capacity to refinance NAB customers away from NAB (limits of 5 settlements per day for refi's for some lenders and taking a month to actually get themselves organised), so its more likely the artificially inflated retention rate has contributed to the overall growth more than actually acquiring new customers.
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