Preliminary ratings have been assigned to a new prime residential mortgage-backed securities (RMBS) transaction based on loans originated by Firstmac. The forthcoming deal, Firstmac Mortgage Funding Trust No.4 Series 2-2015, has provisional volume of A$500 million (US$352.4 million) across its eight tranches, according to a November 9 report from Standard & Poor's Ratings Services (S&P).
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