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Aggregator

Aggregator sets new record

by Staff Reporter3 minute read
The Adviser

The flat property market has not stopped one aggregation group from recording its highest monthly settlements in 10 years.

For the first five months of the 2012 financial year, nMB brokers have recorded their highest settlement values ever for the group.

According to the company's director, sales and marketing Sal Cinque, each month has exceeded the group's previous best performance by more than 8 per cent and the nMB loan book has passed the 8 billion dollar milestone.

"During the last 12 months, the Australian home loan market has experienced the lowest credit growth in more than 30 years. Competition has been fierce and barriers to enter the industry continue to increase," Mr Cinque said.

"In light of these challenges, nMB continues out-perform the market, racking-up milestones along the way. We credit our strong performance to our industry-leading brokers and an uncompromising commitment to high standards across all areas of the business."

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