In Focus: How the RMBS market works

The financial reporting season has shown that mortgage lenders have been booming recently, with the ability to raise funds to keep mortgages flowing a key part of the success for many of the non-bank lenders, in particular. In fact, residential mortgage-backed securities (RMBS) have been a boon for non-bank lenders recently, with $8 billion of the $10 billion of issuances coming from non-banks in the first quarter of this year. In this episode of In Focus, partnered by Firstmac, we're sitting down with chief financial officer James Austin to find out: Why the non-banks have been busy issuing RMBS How RMBS issuances actually work Why he believes the economy is in a strong position to withstand headwinds And much more!