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The mortgage management sector has been given a significant funding boost with NAB affirming its commitment to wholesale funding via Challenger Mortgage Management.
In a recent webcast Matt Lawler, NAB Broker’s executive general manager said the bank has previously not had the “appetite or capability” for wholesale funding but “that had changed”.
Mr Lawler reassured mortgage managers NAB would continue to support the sector that had for the last few years been “starved of oxygen”.
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And PLAN FAST and Choice brokers will also see greater access to white label products in the near future. Mr Lawler spoke of the great potential for this aspect of the business and that NAB would take that to market “very quickly”.
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