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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20 Mar 2017

Brokers integral to non-bank lender success

The CFO of a non-bank lender, which has priced the largest RMBS issue from a lender of its type, has said it is currently doing everything it can to expand its third-party channel, as brokers are “immensely important”.

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