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Macquarie rumoured to re-enter lending - Jun 2009

Staff Reporter 1 minute read

Rumours are heating up that Macquarie Group is looking to re-enter the mortgage lending space.

While talk of the bank launching an aggregation business has dominated the industry for some time Mortgage Business has received several reports that the bank may be preparing to re-launch mortgage lending.

The bank however remained tight-lipped when contacted by Mortgage Business, issuing only the following statement; “Macquarie is consistently monitoring the mortgage space,” a spokesperson said, “but there are no concrete plans of any sort to announce.”

Once a major funder of the non-bank sector, Macquarie was one of the first lenders to withdraw from the mortgage market in 2008 as a result of the credit crisis.

 

Macquarie rumoured to re-enter lending - Jun 2009
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