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Staff Loans News

Bluestone Seeks New Partner As Banks Eye Low-doc Loans

Monday May 9, 2005
BLUESTONE Mortgages has put plans for a sharemarket listing on hold and will instead sell a stake to a cornerstone investor. The specialist lender, which provides loans to higher-risk customers, has appointed former BT Financial Group chief executive David Clarke as chairman, to lead the company through its "new phase of growth".