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Non-bank urges brokers to avoid big banks (Australian Broker)

Firstmac has come out swinging for brokers after banks threw them under the bus at the Financial Services Royal Commission.

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23 Nov 2015

Firstmac assigned AAA ratings for RMBS

Firstmac assigned AAA ratings for RMBSNon-bank lender Firstmac has received AAA credit ratings for four classes of its prime residential mortgage-backed securities (RMBS).

Standard & Poor’s (S&P) assigned the ratings for Firstmac’s A-1a, A-1b, A-2 and AB classes of RMBS, which are issued by Firstmac Fiduciary Services as a trustee for Firstmac Mortgage Funding Trust No.4 Series 2-2015. - Mortgage Business- view article