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Homeloans does A$460 million RMBS

Aussie mortgage specialist Homeloans Ltd. last week completed its first RMBS since December 2003, with an A$460 million ($351.2 million) offering. Westpac Institutional Bank acted as sole lead for the deal, issued via the Residential Mortgage Trust facility.

The deal is backed by 2,229 loans; 32% of which are...

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