Latest Mortgage And Asset Finance News

Resimac Group has successfully settled a A$1 billion non-conforming residential mortgage backed securities transaction, marking its second such bond issuance this year. The deal attracted strong domestic and offshore investor interest, reinforcing Resimac’s diversified funding strategy.

Pepper Money Limited reported a solid half-year performance with a 2% rise in net profit after tax and record assets under management of $20.1 billion. The company declared a 6.4 cent interim dividend, reflecting disciplined cost control and a positive outlook.

Resimac Group reports a 12% decline in normalised net profit after tax for 1H25, driven by increased provisioning in its asset finance portfolio, while operating profit rises 20%. The lender signals challenges ahead but remains confident in its core business momentum.