Landmark White dismissed its suspension by two of the country's largest banks and said if any other mortgage lenders followed suit in the wake of a second data breach it would only reward what it called "the criminal attempting to damage LMW’s reputation".
But the troubled valuation firm, which suffered a further 16 per cent slump in its share price on Monday, provoked the anger of peers when it said if other lenders followed suit due to the acts of a criminal, it would also put the viability of the wider valuation industry into question.
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Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com
