Mortgage Rates Daily Commentary
Wednesday 24 April 2024
CCCFA changes not a complete panacea; Operations Manager opportunity (Christchurch Central, Canterbury)
Unwinding the impact of all the 2021 CCCFA changes probably won’t happen, says David Cunningham, Squirrel Mortgage chief executive. [READ ON]
Do you want to be part of leading the growth of WISEplanning and transforming Financial Advice across New Zealand? WISEplanning is looking for an Operations Manager [details here]
Lifetime Home is the latest innovation from retirement income specialists, Lifetime Retirement Income.
Join Lifetime’s founder and managing director, Ralph Stewart and Chief Marketing Officer, Chelsea Devlin at one of six master classes to find out everything you need to know about Lifetime Home.
Register today to secure your spot for 1 May at Level 30, PwC Tower, 15 Customs Street West, Auckland [Click here]
Geneva to launch home loans
Geneva Finance says that is close to launching its own set of home loan products into the market place.
Wednesday, November 29th 2006, 8:27AM
The company, which is best known for its deposit taking activities and the promotion of its Standard and Poor’s credit rating, is keen to keep expanding its range of services.
Besides home loans and debentures its offers commercial asset finance, a full range of insurances, and its Galaxy on-call and savings accounts.
Managing director Glenn Walker says its home loans will be distributed via its branch network rather than through brokers.
The move into home loans is part of the group’s plans to become a diversified financial services company in New Zealand.
Geneva Finance recently reported an increase in net profit after tax from $2.2 million to $3.8 million for the year ending March 31.
Revenue increased from $21 million to $39 million, and its operating profit before tax from $1.6 million to $5.7 million.
Geneva hasn’t disclosed who is funding its home loan products.
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