Resimac to shut its New Zealand mortgage loan book
Move could be a signal of things to come on tighter competition, less business.
Mortgage advisers kept busy reworking existing home loans.
Brent Melville
Tue, 25 Jun 2024
Mortgage advisers are surprised and disappointed at non-bank lender Resimac’s decision to exit the New Zealand market.
The lender, whose parent Resimac Group is listed on the ASX, told mortgage advisers it would stop writing new home loan business from July 1, after its review of the local
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Brent Melville
Tue, 25 Jun 2024
Contact the Writer: bmelville@nbr.co.nz
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Resimac to shut its New Zealand mortgage loan book
Business,
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