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Mortgage Choice Announces Regarding New Broker Remuneration Structure And Guidance

12 Jul 2018  |  09:12:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: New Broker Remuneration Structure And Guidance

Mortgage Choice advised that the Board has approved a new broker remuneration framework which will provide franchisees with higher remuneration and reduced income volatility. The Company is confident the new model will enable franchisees to invest in their business while attracting new, high quality franchisees and loan writers to the network. This will provide a platform for growth and underpin the long-term sustainability of the Company. The Company will continue to invest in its IT systems and expects to roll out its new broker platform in August 2018, which will improve the customer experience and franchisee productivity.

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