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Resimac pulling out of New Zealand

Friday 21st of June 2024
The non-bank lender will stop accepting new home loan applications from 1 July, but will continue servicing existing clients and those with applications in the pipeline.
Resimac chief executive Scott McWilliam says after a comprehensive review of the New Zealand mortgage market the “competitive environment” will continue to be restrictive for non-banks “for the f...
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