Firstmac completes $1.3bn RMBS raising (Australian Broker)

Non-bank lender Firstmac Limited has announced its completion of a $1.3 billion RMBS raising, with over $2 billion in orders.

In a statement, Firstmac said that the issue was oversubscribed “from an early stage” and was supported by 31 institutions.

Read more…

Recent articles

06 Dec 2019

Non-bank lender moves to 100% self-funding in 2010 (Australian Broker)

Non-bank lender Resimac has announced it will transition to exclusively selling loans financed by its own funding program in the new year.

Effective 1 January 2020, Resimac will discontinue its Resimac MoniPower and Resimac Accelerate products for new business, selling solely under the Resimac brand which will continue to be distributed by its broker network and white label products via mortgage managers.

Click here to read