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Showing 41 - 50 of 68 results for "RMBS"

ASF appoints chair

MICHAEL HOBBS  |  WEDNESDAY, 4 MAR 2009
... the Australian Office of Financial Management's market intervention by purchasing residential mortgage backed securities (RMBS). Fuller said the ASF wants to ramp up its engagement with members, industry and policy makers to pave the way for securitisation ...

Westpac number one ADI branch owner

ALEX DUNNIN  |  THURSDAY, 13 NOV 2008
As banks reclaim market share in the mortgage market following the RMBS market meltdown and the flight to government guaranteed deposit taking institutions, APRA has released figures showing their branch network is as strong as ever. According to the ...

Government pumps $500m into Members Equity

RUTH LIEW  |  THURSDAY, 30 OCT 2008
... following the Federal Government's Australian Office of Financial Management's investment in its super members' home loans RMBS. In a media statement released by MEB yesterday, the bank confirmed the AOFM invested $500 million into its AAA- rated Super ...

Govt breathes new life into RMBS

MICHELLE BALTAZAR  |  TUESDAY, 30 SEP 2008
... set up a government-sponsored mortgage body and invest in $4 billion of Australian residential mortgage-backed securities (RMBS) should reinvigorate the ailing RMBS market and re-instate it as an attractive asset class to invest in. This week the government ...

Challenger goes public

THE SHEET  |  TUESDAY, 16 SEP 2008
... domestic debt capital market saw most activity last week, in terms of issuance and rating actions. The sector, and primarily RMBS, has made something of a comeback this month after a relatively quiet August. Issuance for September now stands at A$1.5 ...

Econocrats pour cold water on mortgage agency

... establishing a government body of this nature." Murphy said that "We think it's important to note that underlying Australia's RMBS markets are high quality assets and it is expected that once some normality returns to the market this will assist in accumulating ...

RMBS market on brink of collapse

ALEX DUNNIN  |  THURSDAY, 31 JUL 2008
The RMBS market is in danger of collapsing and - without government intervention - consumers may be left at the mercy of the big banks as the only remaining mortgage lenders. "The RMBS market is dying on the vine," said Greg Medcraft, chief executive ...

Mortgage arrears hit all-time high

ALEX DUNNIN  |  THURSDAY, 19 JUN 2008
... noticeable change to the amount of claims being reduced or denied by the lenders' mortgage insurance (LMI) providers for prime RMBS." While wholesale debt funds account for one-fifth of overall mortgage funding, the lower interest rates banks would have ...

Canadian RMBS not the answer: S&P

RUTH LIEW  |  MONDAY, 12 MAY 2008
Australia's residential-backed mortgage securities (RMBS) market should be allowed to recover without the intervention of a government-backed agency, argues Standard & Poor's (S&P). Neither a nationalisation of Australia's market nor an adoption of ...

2020 Summit push for life long accounts

ALEX DUNNIN  |  TUESDAY, 22 APR 2008
... to be seen as the major buyers of these securities, leading to speculation they may be seen as saviors of our collapsing RMBS market. Whether they want to assume this role is of course another matter.