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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09 Jun 2020

Resimac relaxed about loan payment deferrals (The Australian)

Resimac chief executive Scott McWilliam says he doesn’t foresee disaster from COVID-19 loan losses because lenders will slowly taper off mortgage repayment support beyond the initial six months.

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