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nMB celebrates 20 years of building successful broker businesses

National Mortgage Brokers (nMB) today celebrates 20 years of providing brokers with the support
they need to succeed.

Coinciding with the 20-year milestone in September, nMB has also closed out a record settlement
year and passed the significant $20b loan book milestone last month.

Managing Director Gerald Foley says that keeping brokers at the centre of the nMB business model
has remained the guiding principle from day one.

“Our brokers have always been our primary focus. This has helped us to gain, and keep, the trust of
many broker businesses – both new and established. Many of these then remain with us for many years
after experiencing the difference of being part of a more personalised partnership aggregation

“As we celebrate 20 years in the industry, we’re incredibly proud of the support, culture, and
opportunity we’ve been able to provide to brokers right across the country.”

Foley, Kon Avramidis and Sal Cinque founded nMB in 2001 and the aggregator has enjoyed steady
growth and accolades since. Today, nMB is an 18-strong team that supports almost 300 broker
businesses and 550 brokers across Australia.

“Our brokers are not just business partners. We’re passionate about recognising the unique needs of
each broker and business we partner with.

“Brokers play an integral role in promoting competition and choice. And, as the preferred channel
for Australian consumers, we’re proud to have helped connect brokers with customers and lenders to
help more Australians access the finance they need.”

Reflecting on the last 20 years, Foley noted the 2007 acquisition of Mosaic Financial Services,
acquisition by Aussie in 2012 and later by Liberty Financial in 2017 as key milestones.

He said being part of the Liberty Financial Group today helps nMB to continue to service broker
partners with great support, stability, and scale.

“At each stage in our journey, we were fortunate to partner with some great businesses and people
who assisted us in our growth strategy,” Foley said.

“The successes we’ve achieved to date could not have been possible without the fantastic team we have
built, including our staff, brokers and supplier partners.”

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