Staff Reporter
More than 40 non-bank heavyweights have rallied together to discuss the current challenges facing the industry at the National Mortgage Managers’ Forum in Sydney.
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An initiative of Advantedge, and partnered by Genworth and RP Data, the annual two-day event offers delegates the opportunity to share knowledge, insights and attitudes with the common goal of collectively driving the growth of the sector.
As well as offering an opportunity for senior non-bank representatives to bring new ideas and concepts to the table, the Forum will provide an update on the wholesale lending market as well as key product and service enhancements Advantedge has underway.
“While competition in the mortgage market remains fierce, opportunities for the non-bank sector are considerable and it’s essential that the sector shares insights, best practice and strategies for capitalising,” Brett Halliwell, general manager, Advantedge distribution said.
Mr Halliwell believes mortgage lending is not just about offering the cheapest rate; it’s about matching the right products to the needs of the market at any given time.
“There’s no doubt that the non-banks are in tune with today’s market. Our goal over the coming days is to help our partners implement strategies to capitalise on current market conditions plus borrowers’ evolving lending needs,” he said.