Athena and Bluestone Mortgages say their whole-loan funding arrangement presents opportunities for both to grow sustainably and to leverage each other’s knowledge set. The strategic partnership will provide up to A$2 billion (US$1.6 billion) of whole-loan funding to Athena Home Loans over the next three years.
On 4 May, Wisr Finance mandated National Australia Bank to engage investors, beginning 5 May, regarding an inaugural A$225 million (US$174.2 million) asset-backed securities (ABS) transaction, Wisr Freedom Trust 2021-1. The potential deal is a securitisation of unsecured personal loans. At the same time, Moody's Investors Service assigned provisional ratings.