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Showing 21 - 30 of 68 results for "RMBS"

La Trobe Financial prices $250m RMBS Issue

MARK SMITH  |  THURSDAY, 9 JUN 2016
Credit specialist La Trobe Financial has priced its third issue of Residential Mortgage-Backed Securities (RMBS). The issue, which includes several tranches of the investment grade debt, totals $250 million. "We are very pleased with the support for ...

CalPERS and Moody's settle for $130 million

DARREN SNYDER  |  FRIDAY, 11 MAR 2016
... relied on the liquidity of assets that turned out to be illiquid - such as subprime Residential Mortgage-Backed Securitie (RMBS), Collateralised Debt Obligations (CDOs) and other asset-backed securities. In the lawsuit CalPERS alleged Moody's made "negligent ...

La Trobe makes swathe of new hires

MARK SMITH  |  TUESDAY, 29 SEP 2015
... future growth secured, our growing retail Credit Fund paying 5.20%p.a. for a twelve month term investment, and a further RMBS issue due to market shortly, our capacity to continue to grow is now all in place giving us the most flexibility in Australia." ...

La Trobe issues first mortgage-backed securities

LAURA MILLAN  |  MONDAY, 17 MAR 2014
La Trobe Financial has priced its first capital markets residential mortgage backed securities (RMBS) issuance as part of the group's overall funding strategy from domestic and foreign institutional investors. The issuance for the La Trobe Financial ...

CalPERS cry foul play, backs lawsuit

MICHELLE BALTAZAR  |  TUESDAY, 19 FEB 2013
... "Institutional investors located in my district, such as WesCorp, suffered massive losses after putting billions of dollars into RMBS and CDOs that received flawed and inflated ratings from S&P," said AndrA(C) Birotte Jr., U.S. Attorney for the district. ...

Non-bank lender completes public securitisation

BEN COLLINS  |  FRIDAY, 9 NOV 2012
... Australian markets as conditions permit," he said. The transaction shows that there is genuine investor demand for Australian RMBS paper from quality non-bank issuers with strong servicing and asset performance history, said Lawler. "It is pleasing to ...

Fund managers bullish on Asian bonds

MELANIE TIMBRELL  |  MONDAY, 8 OCT 2012
... for HSBC Bank Australia said institutions are increasingly searching for alternate yields and debt including bank loans, RMBS and high-grade credit going at distressed prices. The high levels of government debt at this point in the cycle have led to ...

FirstMac fixed income fund 'Recommended'

ELISE BURGESS  |  TUESDAY, 13 MAR 2012
... Zenith conducted extensive due diligence on both the fund and FirstMac's operations and concluded the fund had strength in the RMBS space. Since 2003, FirstMac has publically issued over $9.5bn of RMBS and currently manages around $177 million in cash ...

Institutional appetite for RMBS behind lender acquisition

MATT WOODINGTON  |  MONDAY, 18 JUL 2011
... amid plans to tap the growing demand from institutional investors to take part in residential mortgage backed securities (RMBS) issues. Firstfolio, a mortgage and financial services distribution business with $21 billion in loans under management, will ...

RMBS under the spotlight

RUTH LIEW  |  THURSDAY, 2 DEC 2010
While liquidity has improved in Australia's residential mortgage-backed securities (RMBS) market, more needs to be done to boost the attractiveness and stability of the sector, said an industry expert. Jeff Brunton, head of capital markets at AMP Capital ...