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YBR snaps up leading mortgage manager

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Australian Broker | 09 Jul 2014, 09:05 AM Agree 0
Yellow Brick Road has continued its acquisition push, snapping up a major mortgage manager
  • Regional Broker | 09 Jul 2014, 09:26 AM Agree 0
    This will be good for YBR and its major shareholders , RESI were also major writers via the Advantedge system , wonder how the NAB are feeling ?

    Hopefully they will leave this as a franchise operation.
  • Old Broker | 09 Jul 2014, 01:29 PM Agree 0
    Whats a business worth that makes no money. ROE and ROI should be interesting and also if the banks are keen to throw in more money to keep it alive. Like to see what the market prices the stock at.
  • Coast Broker | 09 Jul 2014, 05:19 PM Agree 0
    Another Firstfolio?
  • Papery | 09 Jul 2014, 05:57 PM Agree 0
    Empire building at work here...... Many chiefs & probably too many stakeholders.....I wouldnt want to be on the bottom...This is a work in progress...
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