Posts Tagged Michael Russell

  • Removing exit fees not the answer says Mortgage Choice chief Removing exit fees not the answer says Mortgage Choice chief

    NEWS Removing exit fees on mortgages will damage competition and result in lenders simply shifting fees says Michael Russell, chief executive officer of broker Mortgage Choice. "The issue around removing exit fees is one the Government needs to tread carefully on," says Russell. He argues most...

  • Mortgage Choice chief would welcome Mortgage Choice chief would welcome “Postbank” home loans

    Mortgage Choice chief executive officer Michael Russell says he would welcome Australia Post into the broking community, should Ahmed Fahour decide to pursue a mortgage distribution strategy. And, he says, “If they went with a white label product, we would sell it”. Russell was commenting ...