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Australian MBS Deal Sees Strong Demand.(Brief Article)

Mortgage Servicing News

| April 01, 2001 | COPYRIGHT 2001 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

HomeSide International and National Australia Bank have reported that they have priced and completed their first global mortgage-backed securitization, which company officials say was met with "substantial investor interest."

Class "A" notes totaling $1.059 billion were priced at the three-month London interbank offered rate plus 19 basis points and sold to investors in the United States, Europe and Asia ...

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