Mortgage News

HSBC continues to lose mortgage market share

Tuesday 19th of April 2005

That showed its residential mortgage book dropped to $2.2 billion from $2.88 billion at the end of December. That made it look as if its share of the mortgage market fell to 2.2% from just under 3% at the end of September.

HSBC NZ financial controller Hoshang Madon says that after the September quarter document was produced, his bank approached the Reserve Bank of New Zealand for clarificat...

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