John Moody (pictured), chief financial officer at Basecorp, said the adviser channel continues to underpin the lender’s mortgage book.
“We’re very grateful to the mortgage adviser community for their support of the Basecorp business, and their important contribution to the quality of our mortgage book,” Moody said.
He said intermediaries originated nearly all the loans in the new pool.
“Approximately 95% of loans in this transaction were originated through these channels, and we appreciate the continued support of advisers who have consistently dealt with us over many years as well as the growing number of new advisers who have established relationships with us in recent years,” Moody said.
Positioning for future origination volumes
Basecorp said the RMBS issue is intended to support expected lending volumes over the coming years. The funding was secured at what the lender described as robust pricing margins, despite a more uncertain market backdrop.
