Thursday, July 28, 2016

Fitch: Homeloans Merger to Have No Impact on RESIMAC RMBS Deals

(The following statement was released by the rating agency)

SYDNEY, July 28 (Fitch) Fitch Ratings says that the proposed

merger between

RESIMAC Limited (RESIMAC) and Homeloans Limited (Homeloans) will

have no rating

impact on the RMBS transactions originated and serviced by

RESIMAC. RESIMAC's

origination and servicing platform, as well as its systems and

procedures will

not change, and RESIMAC will continue to manage the existing

transactions.

On 20 July 2016, RESIMAC announced it is enteri

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