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August 08: BankWest cuts Rate Tracker

by Staff Reporter7 minute read

BankWest has withdrawn its Rate Tracker home loan from the broker channel, raising questions about the lender’s long-term commitment to third-party distribution.

A BankWest spokesperson told Mortgage Business that “unanticipated volumes” and the bank’s “limited funds with which to meet scaling demand for the product” prompted the action.

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