Non-bank lenders will struggle to compete with major banks’ access to cheap deposits as a funding source for chasing safe housing borrowers, according to the head of Perpetual Corporate Trust, the biggest trustee in securitisation markets.
shows those without a securitisation track record in personal loans are also finding it tougher to raise funding in wholesale markets.Natalie Boog Perpetual Corporate Trust will present a new report on the non-bank sector to 100 members of the Australian Securitisation Forum on Tuesday, following a survey of sentiment among 31 executives and investors.
Source: Loan Digest (loandigest.net)
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