AOFM support comes for residential mortgage-backed securities liquidity squeeze (The Australian)

The Australian government has waded into the residential mortgage-backed securitisation market for the first time since the global financial crisis, giving $200m worth to support non-bank lender Firstmac sell the first package of home loans to investors after credit markets were frozen by the coronavirus crisis.

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29 May 2015

Bank clampdown not pushing investors to non-banks

Nervous investors are not inundating non-bank lenders in the wake of APRA’s tightening of bank regulations on investor loans, says Firstmac.- Australian Broker- view article