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Aussie mortgage lender launches third Rams Funding' ABCP program

Rams Home Loans, a specialty mortgage lender, has launched Rams Funding Three LLC and Rams Funding Proprietary Ltd., both of which will issue secured liquidity notes (SLNs).

The Sydney, Australia-based lender is sponsoring the programs after closing out Rams Funding, which began trading in April 2005 and fully repaid...

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