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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31 Jan 2017

Non-bank reduces rates for investors

Firstmac has announced a new investor package which extends its owner occupier rate, starting at 3.79%, to the investment loans of customers who bring the lender both their home loan and investment loan.

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