Another Aussie RMBS On The Way

23 Oct 2009

FirstMac, the Australian non-bank lender, has become the latest to announce plans for a prime residential mortgage-backed securities sale.

FirstMac, the Australian non-bank lender, has become the latest to announce plans for a prime residential mortgage-backed securities sale. The lender is expected to launch the A$400 million ($370.2 million) RMBS around Oct. 28, with pricing coming in early November. The Australian government is expected to buy a ...

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