Powered by MOMENTUM MEDIA
SUBSCRIBE TO OUR NEWSLETTER SIGN UP
Powered by MOMENTUM MEDIA

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

Westpac begins funding new RAMS loans

Staff Reporter 1 minute read

Westpac today announced that it had completed funding arrangements for RAMS Home Loans up to $500 million.

The funding arrangement, which came into effect today, will be provided by a warehouse facility and will fund all new loans settled by RAMS until Westpac’s acquisition of RAMS’ distribution business is complete.

Westpac’s funding will cease if shareholder approval is not obtained at the RAMS AGM held on November 26.

Westpac begins funding new RAMS loans
default
TheAdviser logo
default

 

more from the adviser
parliament Proposed BID extension delayed

The Treasurer has told The Adviser that government will delay fi...

house sold Victorian home buyers make a comeback

Mortgage commitments for owner-occupiers in Melbourne surged in N...

warning Home owners scammed by ‘ruthless criminals’

The WA government has issued a warning surrounding a new scam tha...

FROM THE WEB