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.

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19 Mar 2019

Non-bank lenders ramp up bond issuance (Australian Financial Review)

Non-bank lenders are ramping up their issuance of mortgage bonds to fund a continued assault on the home-loan market as deposit-taking banks have been held back by lending limits.

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