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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14 Oct 2016

Non-bank launches ‘Australia’s first two-week settlement guarantee’

Australia’s largest non-bank lender has announced it is offering the country’s “first ever” two-week settlement guarantee for loans.

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