Latest news:
The WA state governments Keystart Housing Scheme Trust has sold Bendigo and Adelaide Bank $1.35 billion-worth of standard variable-rate residential home loan debt at 0.2% premium.
The loans, roughly a quarter of Keystarts total loan book of about $4 billion, involves the debt of 6,000 borrowers with an average loan of $225,000 and are already five years into their repayments.
The acquisition complements our existing business in WA and improves our geographic dive…
Read the full article at: http://www.yourinvestmentpropertymag.com.au/news/bendigo-bank-buys-1-35b-home-loan-debt-from-wa-state-government-224432.aspx
