Bushfires won’t impact covered bonds and mortgage backed ratings (Money Management)

07 January 2020

The Australian bushfires will have no impact on the ratings of covered bonds and residential mortgage-backed securities (RMBS) as they remain in remote or regional areas with low population levels, according to Fitch Ratings. Fitch said the mortgage portfolios of covered bonds and RMBS were concentrated in densely populated areas, while the bushfires had mostly impacted less-densely populated areas.

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Firstmac Appointment (The Australian)

Non-bank lender Firstmac has named Brisbane businesswoman Sophie Mitchell as its first female independent director.

09 November 2022

Firstmac welcomes first female board member (Mortgage Business)

The non-bank lender has welcomed its first female board member to its ranks, as it farewells long-serving board member Andrew Kemp.

09 November 2022

Firstmac, Pepper defy UK forces to raise $2.5b via mortgage bond sales

Non-bank lenders Firstmac and Pepper have raised $2.5 billion through the sale of mortgage-backed securities on Thursday, defying the pressure created on loc...

10 October 2022

Firstmac completes year’s largest non-bank RMBS issue

Non-bank lender Firstmac has dispelled fears about weakness in the Residential Mortgage-Backed Securities (RMBS) market by successfully pricing a $1.76...

07 October 2022