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Article: A Product Choice: Macquarie Mortgage USA has taken the products from its parent's homeland and tailored them to an American audience.
- Article from:
- Mortgage Line
- Article date:
- May 8, 2006
- Author:
CopyrightCOPYRIGHT 2006 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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With apologies to the 1980s rock group Men At Work, Macquarie Mortgage USA, whose parent company is an Australian investment bank, brings to the consumers in this country a mortgage from the land down under.
These loans are not your standard vanilla Fannie Mae/Freddie Mac products but could be one more tool in the arsenal of the originator who is seeking trusted advisor status. This is because these products give the borrower a number of options to personalize their loan.
The company's name, said its U.S.-based executives, is pronounced similar to "rock quarry."
Macquarie Mortgage USA opened for business in this country in 2002. Among its ...