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News: NAB Australia's APRA Announces Review Of Securitisation Practices

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    07/12/20
    12:40
    Post #: 49391146

    Dec 7 (Reuters) - APRA:

    • ANNOUNCES REVIEW OF SECURITISATION PRACTICES
    • IDENTIFIED SOME ADIS REPURCHASED RESIDENTIAL MORTGAGE LOANS THAT WERE SUBJECT TO REPAYMENT DEFERRAL FROM THEIR SECURITISATIONS
    • FINDINGS SHOW IMPLICIT SUPPORT FOR ADI SECURITISATIONS, AGAINST APRA RULES, WHERE RISK SHOULD BE PERMAMENTLY MOVED TO SECURITSATION INVESTORS

    Source: https://bit.ly/36MO4LC

    (([email protected];))

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