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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26 Jun 2018

Firstmac residential mortgage-backed securities viewed as superior (Australian Financial Review)

Residential mortgage-backed securities (RMBS) issued by Firstmac have been rated positively by independent rating agencies.
 
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