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 Sep 2017

FirstMac Mortgage Funding Trust No.2 NAB Warehouse Series Class A1-A Notes Rating Affirmed

MELBOURNE (S&P Global Ratings) Sept. 19, 2017--S&P Global Ratings today affirmed its 'AAA (sf)' rating on the class A1-A notes issued by Firstmac Fiduciary Services Pty Ltd. as trustee of the FirstMac Mortgage Funding Trust No.2 NAB Warehouse Series.

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