July 2001 News | RefinanceMortgage.com.au

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Refinance Mortgage News

National Ready For Possible Us Exit

Friday July 6, 2001

The circumstances that led to National Australia Bank's decision to create a $865 million provision against the value of its US mortgage servicing business are interesting in their own right. Just as interesting, however, is what the provision implies about the future of the $2 billion HomeSide group.