Firstmac assigned AAA ratings for RMBS

Australia's biggest non-bank lender Firstmac has received AAA credit ratings for four classes of its prime residential mortgage-backed securities (RMBS).

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20 Jun 2017

Firstmac Breaks $8 Billion Barrier

Australia’s largest non-bank lender Firstmac has continued the rapid growth of its loan book, this month passing the key milestone of $8 billion in mortgages under management.
Firstmac founder Kim Cannon said the strong growth showed Firstmac was successfully providing competition that was desperately needed in the Australian lending market.

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