RAIT sale

Category: ABS CMBS Risk Management


Previous Story       Next Story

Company developments and sector hires

Aussie bank secures warehouse line

Yellow Brick Road (YBR), an Australian non-bank lender, has received final credit approval from an Australian Bank for it to provide an initial A$120m RMBS warehouse facility. The facility will be provided to the intended RMBS programme trust manager, sponsor and servicer, Resi Warehouse Funding (RWF), which is currently a wholly-owned subsidiary of YBR, but which is intended to be owned as a joint venture as 50% by YBR and 50% by an international alternative asset manager (JV Partner).

Already registered?

Not yet registered? Join today to access SCI Content.

-