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 Jan 2017

Non-bank extends two week settlement guarantee

Non-bank lender Firstmac has extended its groundbreaking two week settlement guarantee after achieving a 100 per cent success rate in its first three months of operation.

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