Resimac Group Ltd

Resimac Group Ltd (ASX: RMC) is a leading non-bank residential mortgage lender and multi-channel distribution business, and was recognised as Australian Non-Bank of the Year by the Australian Mortgage Awards 2020.

It operates under a fully integrated business model comprising origination, servicing and funding prime and non-conforming residential mortgages in Australia and NewZealand.

With over 250 people operating across Australia, New Zealand and the Philippines, Resimac has in excess of 50,000 customers with a portfolio of home loans on balance sheet of greater than $12billionand assets under management of almost $15billion.

Resimac is proud of its securitisation program. Resimac has issued in excess of $30billion of mortgage-backed securities in domestic and global markets since 1987. The Group has access to a diversified funding platform with multiple warehouse lines provided by major banks for short term funding in addition to a global securitisation program to fund its assets longer term.

About the author

Leave a Reply

Your email address will not be published. Required fields are marked *