Macquarie Bank may be looking to ramp up its lending capacity after internally securitising $215 million worth of triple-A residential mortgage-backed securities (RMBS).
According to a report by Moody’s, the securitised issue, called Peregrine Series Trust 2009-1, was not sold to investors and remains on the bank's balance sheet.
Macquarie's mortgage securities were originated by the bank's relationship banking division called MRB.
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The pool mostly consists of fully documented mortgages made to high net worth individuals, Moody's said.
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