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Choice loan book tops $80bn
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The aggregation group has reported that its loan book exceeded a new record of $80 billion recently, driven by a robust first quarter of 2021.
Choice Aggregation Services has revealed that its brokers submitted a record $3.46 billion worth of applications in February, which surged to $4.17 billion in March.
According to Choice – which joined the Loan Market Group this year – the March volume represented a 41 per cent increase on the same month in 2020.
Commenting on the figures, Choice CEO Stephen Moore said the momentum created in 2020 by brokers has gathered pace in the first quarter of 2021.