Resimac Group Limited (ASX:RMC)
Resimac Group Limited (ASX:RMC) is a leading non-bank lender and multi-channel distribution business.
Resimac's fully integrated business model comprises origination, servicing and funding prime, and non-conforming residential mortgages and asset finance products in Australia and New Zealand.
The Group has over 250 people operating across Australia, New Zealand and the Philippines and in excess of 50,000 customers with a portfolio of home loans on balance sheet of close to $13 billion and assets under management of over $15 billion.
Resimac has issued over $35 billion of mortgage-backed securities in domestic and global markets since 1987. The Group has access to a diversified funding platform with warehouse lines provided by major banks for short term funding, in addition to a global securitisation program for longer term funding.