Mosaic Financial Services (Mosaic) will merge with mortgage broking firm National Mortgage Brokers (nMB) in the new financial year.
Under the terms of the deal, the two firms will operate under the nMB brand, with the existing mortgage broker management team maintaining responsibility for the day-to-day running of the merged business.
"We are looking forward to finalising the documentation and completing the merge early in the new financial year," nMB managing director Gerald Foley said.
NMB is a leading wholesale mortgage broking firm currently providing business to business solutions to more than 200 companies in all states of Australia.
