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