MORTGAGE lender Firstfolio has entered into a 45-day period of exclusive negotiations to buy Domain Financial Services and its $1 billion mortgage managed loan portfolio.
The acquisition would lift the total value of Firstfolio’s mortgage loan portfolio under management above $11.5 billion.
Firstfolio chief executive, Mark Forsyth, said the acquisition would strengthen Firstfolio’s presence within the greater
Earlier this week, Firstfolio bought
The acquisition includes eChoice’s $2.6 billion mortgage book and proprietary, online sales and processing platform.
Australian Property Journal
