AFG: Mortgage Aggregator — One in Nine Loans, and the Market Isn't Paying for It

AFG · ASX:Australia's second-largest mortgage aggregator processes one in nine home loans through 4,300 brokers — we examine whether its unique distribution-plus-securitisation model is being mispriced by a...
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AFG: Mortgage Aggregator — One in Nine Loans, and the Market Isn't Paying for It

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In a Nutshell

Executive Summary