National Mortgage Company has appointed a new chief executive to the team in a bid to drive aggressive multi-channel growth.
Angelo Malizis, who officially joined the team yesterday, is expected to focus on building the non-bank’s white label and generic mortgage manager funding programs.
Mr Malizis is an experienced financial services executive who has held senior roles with major banks, wholesale funders and mortgage managers, including being former chief executive of Wizard Home loans.
"I am very excited about the future. NMC (who have settled over $4B in loans) have an outstanding origination servicing platform with state of the art workflow processing systems,” Mr Malizis said.
“We have an ideal balance between the automated processing of loan applications and the timely personal interaction of processing staff to ensure introducer and mortgage manager applications are settled within industry leading timeframes. Our conversion rates, processing times, run-off rate and arrears performance are all performing in the top (most favorable) industry tier.
“During a time of intense competition it is pleasing to know we have a demonstrably strong service proposition to complement our competitive product range.”