ANZ checks state of Origin
(29 June 2007 - Australia) ANZ is taking a close look at the future of its Origin Mortgage Management Services business and could potentially offload it to another company.
The bank said it had received a number of approaches over recent times from third parties interested in acquiring the business.
Origin is ANZ's wholesale mortgage distribution business which provides third party branded residential loans originated by mortgage managers.
ANZ said the review of the business would take a couple of months.
Origin is ANZ's wholesale mortgage distribution business which provides third party branded residential loans originated by mortgage managers.
ANZ said the review of the business would take a couple of months.