Firstmac, Resimac explain how property prices, low arrears have kept RMBS markets open
Firstmac says the number of its residential mortgage-backed securities with 30-day arrears are very low, despite the aggressive interest rate tightening cycle.
Stay updated with breaking news from Scott Mcwilliam. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Firstmac says the number of its residential mortgage-backed securities with 30-day arrears are very low, despite the aggressive interest rate tightening cycle.
The non-bank lender’s revamped strategy will see several senior leadership positions expanded in a bid to improve synergies, it has said. Non-bank lender Resimac has confirmed a change to its senior
The non-bank lender has announced it is now making a financial contribution to native tree-planting projects on behalf of every customer who settles a loan with them. Resimac has confirmed that, for e
Every loan settled allows customers to support one tree-planting project
Today’s Daily Reckoning Australia looks into the housing market, at least via the stock market. It’s certainly not booming, but the outlook doesn’t appear as dire as some would have you believe. Plus, where else might we look for an investment opportunity? Read on to find out…