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Borrower

Australian First Mortgage reports healthy returns

1 minute read
The Adviser

Australian First Mortgage (AFM) has reported a profitable end to the 2007 financial year. Overall the business achieved a Return on Equity (RoE) in excess of 40% for the 2006-07 financial year. AFM’s commission revenue also experienced growth – increasing 17 per cent on 2006.

Australian First Mortgage (AFM) has reported a profitable end to the 2007 financial year. Overall the business achieved a Return on Equity (RoE) in excess of 40% for the 2006-07 financial year. AFM’s commission revenue also experienced growth – increasing 17 per cent on 2006.

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