Specialist finance source for the self-employed, RedZed Lending Solutions Pty Limited, successfully priced a A$375 million residential mortgage-backed securitisation yesterday. read more
Securitisation: RMBS (140 items)
The news you could lose
RENEW EARLY TO BANKING DAY. Minimum sub $3000. read more
Briefs: Bluestone launches nonconforming RMBS deal, RedZed likely to follow
Bluestone Group is marketing its second non-conforming residential mortgage-backed securities transaction for 2018, the Sapphire XIX Series 2018-2 Trust. read more
Securitisations perform in benign conditions
Structured finance transactions in Australia and New Zealand continued to perform well in 2Q18, said Fitch Ratings, with 149 transactions affirmed, three tranches upgraded and six reverse mortgage tranches downgraded. read more
Asset backers move to business loan securitisations
Niche non-bank financing specialists continue to move into areas previously dominated by the big banks, with securitisation once again featuring. read more
Instos shown a range of securitisation deals
Several non-bank financial players launched securitisation deals into the Australian market this week, all of them still in pre-sale mode. read more
Pepper closes another A$1bn non-conforming RMBS deal
Non-bank lender Pepper Group has priced its second A$1 billion non-conforming RMBS issue for 2018, four months after the company priced a similarly sized and structured issue. read more
Briefs: CEFC backs Mirvac’s green buildings, Tic:Toc ticks home loan boxes, NZ remittance service fined, CBA shows off blockchain platform
CEFC has taken a $50 million cornerstone investment in Mirvac’s new Australian Build-to-Rent Club, an institutional investment platform being opened up to home buyers and tenants. read more
RMBS investors shown deals from Pepper, ME Bank
Non-bank lender Pepper has launched a residential mortgage backed securities issue, looking to sell notes equivalent to A$700 million. read more
High APAC household debt dragging on structured finance deals
Household debt levels in Australia, New Zealand and Korea are among the highest globally when measured as a proportion of GDP, opening up a range of risks should a correction in home prices or an increase in interest rates in these economies occur. read more
Briefs: ASIC bans NAB adviser for taking clients' funds, possible banking levy in NZ, G&C Mutual given rating, Avanti finance RMBS likely, a pessimistic view of Australian banking
ASIC has permanently banned Max Kiattisak Eung (also known as Kiattisak Eungpongpan), a former NAB financial adviser, from providing financial services and engaging in credit activities. read more