Small mortgage blip for Basecorp in tough year; A big target for LifeDirect
Friday, November 15th 2024, 9:49AM
After a tough year for the non-bank sector, Basecorp Finance feels fortunate the volume of funds it has lent on mortgages dipped to only $1.1 billion from $1.2 billion in the previous year in the context of what the industry has done. [READ ON]
Wellington-based LifeDirect expects to be writing $1 billion in mortgages every year by 2026 after the merger last month of majority shareholder Mark Solomon’s other businesses Loan Market Capital & Coast and Insurance Market into the parent company. [See here]
| « Dosh is making its next move | Private credit reshapes NZ lending » |
Special Offers
Comments from our readers
No comments yet
Sign In to add your comment
|
|
Printable version |
|
Email to a friend |
