ANZ decides to keep Origin

ANZ says it has completed the review of strategic options for its wholesale mortgage distribution business Origin Mortgage Management Services, and in light of market conditions has decided to retain ownership of Origin in the period ahead.

Tuesday, October 16th 2007, 8:12AM
Origin provides third-party branded residential loans to 25 mortgage managers around Australia and another five in New Zealand.

The wholesale business has around 40,000 loans worth A$7 ($8.33) billion on its books.

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