Amid widespread talk of economic recovery, in an unexpected turn RAMS Home Loans has taken the decision today to close its broker distribution channel. RAMS said that the decision was made in order to align its time and resources to activities that added the most value to its customers.Having different pricing and policies across the two channels was causing conflict and confusion between the two, it said.
The move would help to optimize the size and structure of the company in order to "protect the sustainability of the business and the brand".
Another interesting development in the broker market. Is the Westpac Group in a crisis?
Spiro Kolokithas
What If We Finance
03 8804-1354
http://www.melbournemortgage.com.au
see the poossibilities…Personally i think the banks are running out of money …
Read the conspiracy of the rich by Robert Kiyosaki …
Certain lenders i agree Wealth.
See my comment the previous day about RAMS big brother.
Richard Taylor | Australia's leading private lender
Very interesting development for the broker space.
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