Articles

Firstmac Announces Potential New RMBS Deal (Banking Day)

Firstmac has revealed plans to meet investors, regarding a potential new Australian dollar denominated residential mortgage-backed securities (RMBS) deal.
ANZ, J.P. Morgan, National Australia Bank, Standard Chartered Bank, United Overseas Bank and Westpac Institutional Bank have been mandated to arrange the meetings, beginning 6 May in Australia, followed by Tokyo, London and Singapore.

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Recent articles

• Firstmac Announces Potential New RMBS Deal (Banking Day)
• RBA warns the banks ‘don’t be stingy’ (2GB Money News)
• Going direct pays off for Firstmac (Banking Day)
• Non-bank urges brokers to avoid big banks (Australian Broker)
• Firstmac highly rated in broker survey (MPA Australia)
• Steve Waugh Foundation Sponsorship – The Captain’s Ride
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• Choice Aggregation Services adds Firstmac to its panel (The Adviser)
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• Non-bank makes $600m securities issue (Broker News)
• FBAA wraps up 2017 with uplifting conference (Australian Broker)
• Firstmac hires two banks for potential RMBS deal (Australian Financial Review)
• Brokers ‘are working harder than ever’ (The Adviser)
• Fed up with the big four, brokers are going elsewhere (MPA Magazine)
• Non-bank loan book breaks through $9 billion (The Adviser)
• FirstMac Mortgage Funding Trust No.2 NAB Warehouse Series Class A1-A Notes Rating Affirmed
• Non-bank loan book hits $8bn
• Brokers help Firstmac hit $8bn milestone
• Non-bank boss urges brokers to ‘reinvent’ themselves
• Firstmac party finds new home at FBAA
• Brokers integral to non-bank lender success
• Non-bank reduces investor loan rates
• Non-bank reduces rates for investors
• Non-bank launches new investor mortgage offering
• ‘Market-leading’ loan option launched for investors
• Lender extends two-week settlement guarantee
• Non-bank extends two week settlement guarantee
• Non-bank launches ‘Australia’s first two-week settlement guarantee’
• Morning Briefing: Non-bank offers ‘fastest ever’ 2-week settlement guarantee
• Non-bank unveils two-week settlement guarantee
• Firstmac launches near-instant Accreditation system
• How to make sense of mortgage backed securities
• RBA puts official interest rate on hold
• RMBS fund delivers income and growth
• Firstmac taps into Singaporean demand in latest RMBS
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• Pepper issues record $700m bond, but price worries investors
• Video- Overseas funders demand high interest rates
• Lenders face bubble claims, market ructions in funding bids
• Firstmac assigned AAA ratings for RMBS
• Non-bank lenders' funding costs on rise
• Non-banks set to boom thanks to APRA crackdown on property investors
• Bank clampdown not pushing investors to non-banks
• Firstmac issues Australia's biggest non-bank RMBS since crisis
• How low can credit spread go?
• Firstmac leads the return to offshore RMBS

03 Apr 2017

Firstmac chases bank licence

Firstmac owner Kim Cannon has resumed his concerted push for a banking licence, arguing the nation’s biggest non-bank lender has the required “capacity and character” and would be a serious competitive threat to the big four.

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