Amp Sells Off $3bn Of Its Bank Loan Portfolio

AMP managing director Andrew Mohl has taken another step in cleaning up the financial services group's grab-bag of underperforming assets by offloading close to $3 billion worth of home loan and commercial finance portfolios in Australia and New Zealand.

Car Dealer Takes On Home Loans

ILLAWARRA'S biggest car dealer has teamed up with a leading non-bank home loan lender to launch a home loan office in Wollongong.