Liberty prices second Australian nonconforming RMBS of 2012 [UPDATED]
- Friday, 29 June 2012
A new residential mortgage-backed securities issue by Liberty Financial (Liberty) has priced at the end of June. The nonconforming deal, Liberty Series 2012-1 Trust, has volume of A$300 million across its eight rated and one unrated tranches, making it Liberty's largest RMBS transaction to be brought to market since April 2009 according to KangaNews data.