Mortgage House launches inaugural RMBS deal

On 14 May, Mortgage House launched its debut residential mortgage-backed securities (RMBS) deal, Mortgage House RMBS Series 2019-1. The forthcoming transaction has capped total volume of A$300 million (US$208.6 million) and is expected to price on or before 17 May. Westpac Institutional Bank is arranger for the transaction as well as joint lead manager alongside National Australia Bank.