BC Invest hopes to expand in the Australian domestic mortgage market, which it views as an opportunity that banks have not focused on. Photo: EPA-EFE
BC Invest hopes to expand in the Australian domestic mortgage market, which it views as an opportunity that banks have not focused on. Photo: EPA-EFE

Hong Kong firm Far East Consortium’s mortgage arm eyes market Down Under, acquires stake in local non-banking lender

  • Mortgageport has provided home loans to more than 15,000 customers and has more than US$1.1 billion of mortgage assets under management
  • The deal aims to assist the growth of lender’s direct-to-consumer model

BC Invest hopes to expand in the Australian domestic mortgage market, which it views as an opportunity that banks have not focused on. Photo: EPA-EFE
BC Invest hopes to expand in the Australian domestic mortgage market, which it views as an opportunity that banks have not focused on. Photo: EPA-EFE
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