Firstmac highly rated in broker survey (MPA Australia)

Firstmac has won the gold medal in the Property Investor category, and placed second overall, in MPA Magazine’s annual Brokers on Non-banks survey.

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16 Nov 2015

Non-bank lenders' funding costs on rise

James Austin, chief financial officer of the country’s biggest non-bank lender, Firstmac, said the underlying conditions for the group’s RMBS had never been better, with unemployment and mortgage arrears low, while the major banks were leaving the door open to competitors with a string of out-of-cycle interest rate hikes.- The Australian- view article