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Showing 41 - 50 of 64 results for "First Mortgage"

LM secures due diligence agreement

LINDA HAUSKEN  |  MONDAY, 22 OCT 2012
... have expressed a strong interest in funding several property assets within LM's Managed Performance Fund and the First Mortgage Income Fund, following a view of the assets. Peter Drake, founder and chief executive at LM said the equity investors recognise ...

Trilogy takeover attempt piracy: LM

MARK STORY  |  WEDNESDAY, 10 OCT 2012
... statement released by Trilogy asking unitholders to vote to replace LM as the Responsible Entity for the LM Wholesale First Mortgage Income Fund, and the LM Currency Protected Australian Income Fund, feeder funds of the LM First Mortgage Income Fund ...

Overseas investors' demand replacement of LM as RE

MARK STORY  |  TUESDAY, 9 OCT 2012
... with Trilogy Funds Management Limited (Trilogy) as the Responsible Entity (RE). LM is the RE for the LM Wholesale First Mortgage Income Fund (Wholesale Fund), the LM Currency Protected Australian Income Fund (Currency Fund), both of which are "feeder ...

Perpetual sells mortgage business

BEN COLLINS  |  THURSDAY, 12 JUL 2012
... agreement to sell its mortgage processing business to FAF International Property Services Australia, an affiliate of First Mortgage Services. Plans to sell Perpetual Lenders Mortgage Services (PLMS) were announced as part of downsizing plans announced ...

Super sector turning to dedicated long-term lenders

BEN COLLINS  |  THURSDAY, 31 MAY 2012
... construct and actively manage a diversified granular portfolio of mid-sized ($5-$10M) Australian and New Zealand first mortgage secured commercial real estate loans.

EQT wins Austock Life mandate

MELANIE TIMBRELL  |  TUESDAY, 24 APR 2012
Life insurance company Austock Life has added Equity Trustees Limited's Mortgage Income Fund to its Imputation Bond menu. "It is very important to many of our investors - especially those using the Imputation Bond's estate planning and aged care strategies ...

Australian First Mortgage and SuperShift form alliance

CLAIRE MCGREAL  |  MONDAY, 5 MAR 2012
Australian First Mortgage and SuperShift Australia have joined forces to offer mortgage brokers the facility to be able to take part in SMSF limited recourse loans. The alliance, which sees the creation of the AFM SuperShift product, means brokers can ...

Affinity launches wholesale property fund

RACHEL DAVIS  |  MONDAY, 28 NOV 2011
... holding and disposal which impact the returns of property investment. This is achieved through the mechanism of a first mortgage under which the borrower/property owner shares the capital appreciation of the property with the investor, in return for ...

Institutional appetite for RMBS behind lender acquisition

MATT WOODINGTON  |  MONDAY, 18 JUL 2011
... of around $440 million. Calibre, operator of a warehouse funding line from a major Australian bank, issued its first mortgage-backed security in October 2007 with institutional investors. According to Mark Forsyth, chief executive officer of Firstfolio ...

Unitholders approve Challenger mortgage fund restructure

JOHN MCDULING  |  TUESDAY, 2 NOV 2010
... remain fully invested," said Rob Adams, Challenger's joint chief executive of funds management. "We will now be the first mortgage trust to fully resume commercial lending in a market where spreads remain significantly elevated," he continued Challenger ...