PR Newswire
07 Sep 2023, 06:30 GMT+10
![]() |
SYDNEY, Sept. 7, 2023 /PRNewswire/ -- BC Investment Group ("BC Invest"), a diversified financial services group, is delighted to announce that it has completed the full integration of Mortgageport, following BC Invest's acquisition earlier this year. The integration also marks the unveiling of a refreshed Mortgageport brand in the market.
Mr. David Hinde, Chief Executive Officer of BC Invest, commented: "The integration of Mortageport combines BC Invest's capital market experience and comprehensive product suite, with Mortgageport's expansive client network and 25 years' reputation as one of the leading mortgage lenders in Australia."
Being a member of BC Invest enables Mortgageport to leverage BC Invest's strong balance sheet and deliver operational efficiencies through streamlined processes and platforms. With combined Assets Under Management surpassing A$5.5 billion, Mortgageport is well-positioned to seize new opportunities and assist more customers with their dream of home ownership.
Mortgageport services customers Australia wide including hubs in Sydney, Melbourne, Gold Coast, NSW Central West and Canberra. Together with BC Invest, the combined entity has 180 staff and operates from 11 offices, located in 7 countries.
With an ongoing commitment to provide mortgage solutions and support for clients, Mortgageport will play a vital role in driving BC Invest's retail growth, and further solidify its position in Australia's mortgage lending industry.
BC Invest recently issued its eighth residential mortgage-backed security (RMBS) providing Mortgageport with significant funding capacity and continue to provide mortgage solutions for many more clients.
-End-
BC Invest
BC Invest is a fast-growing diversified financial services group backed by Far East Consortium, Metrics Credit Partners and PAG. BC Invest offers mortgage lending solutions and investment services. Current AUM exceed A$5.5bn.
BC Invest specialises in mortgages for Australian resident borrowers for properties in Australia and in non-resident mortgages for properties in Australia and UK. Since 2020, BC Invest has issued eight RMBS in Australian bond market.
Mortgageport
Mortgageport is an Australian mortgage lender and mortgage manager with loans under management A$1.6bn.
Established in 1998, Mortgageport strives to provide top-tier services via a comprehensive range of domestic mortgage lending solutions for Australian resident borrowers who value excellence.
Mortgageport and NXT Building Group hold 50% stake in MyChoice Home Loans Pty Limited respectively.
Media enquiry:
Ms. Sherring Mak (Marketing), Email: [email protected]
Mr. Neill Rose-Innes (Lending), Email: [email protected]
Get a daily dose of Asia Bulletin news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Asia Bulletin.
More InformationLONDON, U.K.: At least 13 people are believed to have taken their own lives as a result of the U.K.'s Post Office scandal, in which...
WASHINGTON, D.C.: Travelers at U.S. airports will no longer need to remove their shoes during security screenings, Department of Homeland...
WASHINGTON, D.C.: An elaborate impersonation scheme involving artificial intelligence targeted senior U.S. and foreign officials in...
SLUBICE, Poland: Poland reinstated border controls with Germany and Lithuania on July 7, following Germany's earlier reintroduction...
WASHINGTON, D.C.: After months of warnings from former federal officials and weather experts, the deadly flash floods that struck the...
MOSCOW, Russia: Just hours after his sudden dismissal by President Vladimir Putin, Russia's former transport minister, Roman Starovoit,...
NEW YORK CITY, New York: Former British prime minister Rishi Sunak will return to Goldman Sachs in an advisory role, the Wall Street...
LONDON, U.K.: Physically backed gold exchange-traded funds recorded their most significant semi-annual inflow since the first half...
AMSTERDAM, Netherlands: Some 32 percent of global semiconductor production could face climate change-related copper supply disruptions...
NEW YORK, New York - U.S. stocks rebounded Tuesday with all the major indices gaining ground. Markets in the UK, Europe and Canada...
NEW YORK CITY, New York: Financial markets kicked off the week on a cautious note as President Donald Trump rolled out a fresh round...
RIO DE JANEIRO, Brazil: At a two-day summit over the weekend, the BRICS bloc of emerging economies issued a joint declaration condemning...