PR Newswire
07 Sep 2023, 11 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: marketing@bcinvest.co
Mr. Neill Rose-Innes (Lending), Email: nroseinnes@bcinvest.co
Get a daily dose of Asia Pacific Star 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 Pacific Star.
More InformationBEIJING, China: A respected Uyghur scholar, known for her extensive work in studying Uyghur folklore and traditions, has been sentenced ...
BEIJING, China: Local authorities said a fire at the Shanjiaoshu coal mine in Guizhou province, southern China, killed 16 people ...
BEIJING, China - China and Nepal signed several agreements on Monday. The agreements were signed during a bilateral meeting between ...
DHAKA, Bangladesh - According to new research that ranks political violence worldwide, Bangladesh ranks 22nd out of the world's 50 ...
RAWALPINDI, Pakistan - Army Chief General Asim Munir met with members of Pakistan's Christian community on Monday, emphasizing the importance ...
DHAKA, Bangladesh - The BNP has given the government an ultimatum to release BNP Chairperson Khaleda Zia, who is being ...
NEW YORK, New York - U.S. stocks remained on a slippery slope on Wednesday as interest rates continued to hover ...
SAN FRANCISCO, California: In a major update that will move it closer to popular artificial intelligence (AI) assistants, such as ...
YOKOHAMA, Japan: Joining a growing number of carmakers that are shifting to electric vehicles (EV) by the end of the ...
NEW YORK, New York - There was a major bust on Wall Street on Tuesday as investors continued to fret ...
DETROIT, Michigan: This week, the United Auto Workers (UAW) expanded its members' strike to include dealers selling and servicing General ...
TOKYO, Japan: Toyota Motor (7203.T) is ramping up its production of electric vehicles (EVs) under both the Toyota and luxury ...