Merged non-banks announce new third party structure

Two non-banks have unveiled the business's new third party structure following the completion of a merger



Homeloans has announced a new third party structure following the recently completed merger between the non-bank and RESIMAC.

Daniel Carde, who joined RESIMAC in 2006, has been apointed general manager of Third Party Distribution, and will be responsible for both the Homeloans and RESIMAC BDM networks.

Unti the merger, Carde was RESIMAC’s director of Product, Marketing and Strategic Partnerships. “This merger has brought together two highly successful and complementary businesses,” Carde said.

“The opportunities this presents are tremendous, and I am looking forward to working with our experienced BDMs and broker partners to deliver one of Australia’s most comprehensive and competitively priced home loan offerings.”

Ray Hair, Homeloans’ current general manger of Sales, will step into the new role of general manager, Branded Partnerships.

Hair’s responsibilities will lie in focusing on the Homeloans-branded broker network, leveraging the Homeloans brand and assisting brokers in building their businesses.
“We are very excited about what the future holds,” Hair said, adding that it will be ‘business as usual’ for brokers now that the merger has completed.

 “The new structure does not mean any changes to the way our partners do business with us today, rather it provides us with even greater opportunities and tools to continue to deliver the best solution to brokers and borrowers alike.”

Carde told Australian Broker: “The marriage with RESIMAC will provide Homeloans’ broker network with an even stronger proposition. The merger effectively gives Homeloans an in-house product manufacturing capability, further enhancing product flexibility and pricing.”


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