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Showing 81 - 90 of 110 results for "RMB"

ASF appoints chair

MICHAEL HOBBS  |  WEDNESDAY, 4 MAR 2009
The Australian Securitisation Forum (ASF) has appointed Mallesons Stephen Jaques managing partner, Stuart Fuller, as chair. Fuller replaces outgoing chair, Phil Vernon. The ASF represents more than 120 organisations including banks, non-bank mortgage ...

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
Industry Super Fund-owned Members Equity Bank has received a $500 million injection 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 ...

Govt breathes new life into RMBS

MICHELLE BALTAZAR  |  TUESDAY, 30 SEP 2008
The Rudd Government's move to 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 ...

Challenger goes public

THE SHEET  |  TUESDAY, 16 SEP 2008
The structured finance sector of the 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 ...

Econocrats pour cold water on mortgage agency

The Australian government's two key economic agencies yesterday reiterated their view that the market for mortgage-backed securities would recover, and that there was no case for any form of government-sponsored mortgage funding agency. In his opening ...

Shaw grows business in shaky times

RUTH LIEW  |  THURSDAY, 14 AUG 2008
... equities and last month Mark Stewart joined as executive director of corporate finance. Stewart was previously at Deutsche Bank, RMB Australia and Deloittes. In addition, two key hires have been made in Melbourne. Daniel Sharp also joined as executive ...

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
Arrears in Australia for securitised mortgages increased to 1.45 per cent during April, its highest ever recorded level, said Standard & Poor's Ratings Services (S&PRS). Securitised mortgages are those 20 per cent of mortgages where the funding is sourced ...

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 ...