Aussie Lender Preps For A$416 RMBS Offer

07 Sep 2010

FirstMac, the Australian non-bank lender, is preparing to sell A$416 million ($381.67 million) in residential mortgage-backed securities.

FirstMac, the Australian non-bank lender, is preparing to sell A$416 million ($381.67 million) in residential mortgage-backed securities. The deal, FirstMac Mortgage Funding Trust Series 1-2010, will consist of $100 million ($91.74 million) each in Class A-1 and Class A-2 notes, as well $164 million ($150.46 million) in Class ...

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