Angle Finance News Today

The Australian securitisation market had a strong March quarter, with issuance close to A$20 billion, and plenty of activity already in the new quarter.

The very strong growth in the issuance of asset-backed securities, and one of the questions up for discussion at yesterday’s Australian Securitisation Forum annual conference was whether ABS issuers can keep up the momentum.

In a bid to help mortgage brokers grow their businesses, two non-bank lenders have announced a partnership. Non-bank lenders Bluestone Home Loans (Bluestone) and Angle Finance have announced a new pa

This provides mortgage brokers with the opportunity to diversify into the asset finance space

Angle Finance has become the latest non-bank lender to join the mortgage aggregator’s lending panel. The non-bank lender is an asset finance company specialising in commercial equipment finance for

A report Perpetual Corporate Trust will present to the Australian Securitisation Forum on Tuesday captures the mood from 31 managers and non-bank investors.

Westpac said it had completed divesting its insurance businesses. It was the only major bank in the black on the ASX on Monday afternoon.

The non-bank lender says its shares have suffered from a “fintech drag” but the fundamentals point to sustainable profits.

Global alternatives bigwig Cerberus Capital is mulling an offer for ASX-listed Humm’s commercial unit, which offers finance via brokers to small and medium sized businesses. 

The big four bank has completed the sale of its $1-billion wholesale dealer loan book to Angle Auto Finance, with introducers to transition over in due course. Westpac has confirmed that it has comple