Non-bank mortgage lender MA Money has completed its second public issuance of $500 million in residential mortgage-backed securities (RMBS), reinforcing its position in the Australian mortgage market.
The portfolio includes both Prime and non-conforming loans, demonstrating the lender’s ability to cater to a wide range of borrowers.
This issuance comes after MA Money’s record-breaking debut in November, when the non-bank lender made history with the largest inaugural RMBS issuance by a non-bank in Australia.
This initial success highlighted MA Money’s ambition to expand its loan book and solidify its presence in the home loan market.
The latest $500m in proceeds will support MA Money’s ongoing growth, enabling the lender, which recently announced the promotion of Tim Lemon to national sales manager, to continue expanding its mortgage portfolio and providing more borrowers with flexible home loan options.
The issuance attracted strong interest from a diverse mix of both domestic and international investors, reflecting the confidence in MA Money’s growth trajectory.
Akeshni Gour (pictured above), treasurer of MA Money, emphasised the importance of this support.
“This successful issuance reinforces the strength of MA Money’s platform and our ability to deliver high-quality assets to investors,” Gour said.
Currently holding a $1.6 billion mortgage loan book, MA Money, which celebrated reaching $1 billion in settlements in March, has set an ambitious target of reaching $4bn by December 2026.
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Non-bank mortgage lender MA Money has completed its second public issuance of $500 million in residential mortgage-backed securities (RMBS), reinforcing its position in the Australian mortgage market.
The portfolio includes both Prime and non-conforming loans, demonstrating the lender’s ability to cater to a wide range of borrowers.
This issuance comes after MA Money’s record-breaking debut in November, when the non-bank lender made history with the largest inaugural RMBS issuance by a non-bank in Australia.
This initial success highlighted MA Money’s ambition to expand its loan book and solidify its presence in the home loan market.
The latest $500m in proceeds will support MA Money’s ongoing growth, enabling the lender, which recently announced the promotion of Tim Lemon to national sales manager, to continue expanding its mortgage portfolio and providing more borrowers with flexible home loan options.
Financial institutions NAB, HSBC, and Westpac acted as joint lead managers for the deal.
The issuance attracted strong interest from a diverse mix of both domestic and international investors, reflecting the confidence in MA Money’s growth trajectory.
Akeshni Gour (pictured above), treasurer of MA Money, emphasised the importance of this support.
“This successful issuance reinforces the strength of MA Money’s platform and our ability to deliver high-quality assets to investors,” Gour said.
Currently holding a $1.6 billion mortgage loan book, MA Money, which celebrated reaching $1 billion in settlements in March, has set an ambitious target of reaching $4bn by December 2026.
Get the hottest and freshest mortgage news delivered right into your inbox. Subscribe now to our FREE daily newsletter.
