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Mark Bouris
Mark Leigh Bouris is an Australian businessman who is best known as the founder and chairman of 'Wizard Home Loans', Australia's second largest non-bank mortgage lender behind Aussie Home Loans. He is now the chairman of Yellow Brick Road, a business which he founded in 2007.〔http://www.ybr.com.au/aboutus/index.cfm〕 ==Business career== Wizard Home Loans was founded by Bouris in 1996 and was sold to GE Money in 2004 for $500 million.〔(About Wizard Home Loans, home loans, personal loan )〕 Subsequently Wizard was sold by GE to competitor, Aussie Home Loans, for a fraction of the $500 million during the midst of the Global Financial Crisis in December 2008. However, thousands of mortgage holders were left locked into a loan with a GE Money subsidiary that refused to pass on interest reductions but did increase interest rates in line with RBA increases .
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