TREASURER Wayne Swan insists the federal government's $16 billion boost to mortgage securitisation markets is starting to push down funding costs for small banks as more private investors jump on board.
INVESTOR appetite for low quality mortgage loans is returning. Macquarie's securitisation arm has privately arranged a bond containing $500 million worth of "low doc" loans, the first such issue since the financial crisis.
ALMOST two years since the $650 million collapse of margin lender Opes Prime, criminal charges have been laid against the three men who ran the failed stockbroker.
