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".