AMAL Asset Management Ltd (AMAL) has gone live as Primary Servicer for RESI Wholesale Funding Pty Ltd (RWF), with the settlement of the first loan. RWF is a joint venture between the Yellow Brick Road Group (YBR) and an affiliate of US-based asset manager, Magnetar Capital (Magnetar).
RWF is the originator, trust manager and special servicer of the residential mortgage-backed securitisation (RMBS) business for the YBR group.
AMAL has worked with YBR on the development of this program since inception and will provide a fully outsourced platform of post-settlement services across the areas of technology, operations and governance, risk and compliance.
AMAL has worked with YBR on the development of this program since inception and will provide a fully outsourced platform of post-settlement services across the areas of technology, operations and governance, risk and compliance including:
For further information, contact: