Two weeks after announcing the departure of its chief executive, comparison site operator iSelect has lost its chief financial officer. Paul McCarthy, who joined the company last year, will leave at the end of January next year. Earlier this month CEO Alex Stevens, who was appointed in March last year, resigned with immediate effect. iSelect has lost two CEOs and two CFOs since listing in June 2013. The company is currently reviewing a takeover offer. The Australian Securities and Investment Commission has banned a Melbourne mortgage broker, John Cilmi, from engaging in credit activities and cancelled the Australian Credit Licence of his company Northern Securities (Victoria) Pty Ltd. ASIC found Cilmi was reckless in submitting false or misleading documents to secure loan approvals for five customers. ASIC said Cilmi had "little concept" of his compliance and training requirements. At Mortgage Choice's Annual General Meeting yesterday, the company's chief executive officer, John Flavell, disclosed strong first quarter results: home loan settlements are up eight per and cash group revenue is up ten per cent year-on-year. In addition, financial planning revenue is up 75 per cent year-on-year and head office generated home loan leads are up 46 per cent on this time last year. In the 2015 financial year, Mortgage Choice grew its loan book by 4.6 per cent to A$49.5 billion, with July the company's second biggest month on record for home loan settlements. Ownership of the pink-sanded Italian island of Budelli is once again within reach of Michael Harte, the CBA's former IT supremo after a local court ruled the sale to him in 2013 was legal. The court, in Olbia, Sardinia, has upheld the €2.94 million bid he made for the island (A$4.2 million at the time), according to the AFR's Rear Window. Originally successful, the bid was challenged by left wing Italian politicians, upset about its sale to a foreign banker. Budelli's previous owner, a property firm, went bankrupt. Bank of Queensland has completed its repurchase offer for A$100.75 million of its AUD floating rate notes, due 7 December 2015. The repurchase price was set on 23 October 2015, for settlement 29 October 2015. The notes were repurchased at a discount margin of 10 basis points, which equates to a capital price of 100.169 per cent and gross price of 100.704 per cent. All notes purchased will be cancelled. Joint lead managers are CBA, NAB, UBS Investment Bank and Westpac.