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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09 Mar 2018

Non-bank makes $600m securities issue (Broker News)

Non-bank lender Firstmac said last Friday that it has completed a $600m residential mortgage backed securities issue, bringing the total amount of RMBS it has issued to more than $20bn since 2003.
 

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