Securitisation flow continues with non-conforming RMBS [UPDATED]
- Wednesday, 06 July 2011
Resimac issued its inaugural non-conforming residential mortgage-backed securities (RMBS) deal on July 14 at a volume of A$250 million (US$268.3 million). Resimac Bastille Series 2011-1NC was upsized from an indicative volume of A$200 million and is a securitisation of non-conforming and limited documentation residential loans originated by Resimac.
