La Trobe Financial launches A$500 million RMBS transaction

La Trobe Financial launched its first nonconforming residential mortgage-backed securities (RMBS) transaction for 2018, La Trobe Financial Capital Markets Trust 2018-1 (LFCMT 2018-1), on 26 March. The launch volume for the transaction is A$500 million (US$385.9 million) with the potential to upsize to a maximum of A$750 million.