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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23 Mar 2018

Firstmac introduces lower interest rate for green cars (Mortgage Business)

Firstmac has introduced a lower interest rate for buyers of environmentally-friendly vehicles in a bid to encourage the adoption of “green” cars.
 

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