RMC fundamentals

Resimac Group Ltd. engages in the provision of mortgage origination and management of home loans. Its business model comprises originating, servicing and funding prime, non-conforming residential mortgages, and asset finance products in Australia and New Zealand. The firm operates through the following segments: Home Loan Lending Business, New Zealand Lending Business, and Asset Finance Lending Business. The Home Loan Lending Business manages Australian mortgage distribution and lending, including income from new loans, portfolio margins, and commissions from various loan sources. The New Zealand Lending Business handles mortgage lending in New Zealand. The Asset Finance Lending Business deals in Australian auto, equipment, business loans, and insurance premium loans. The company was founded by Timothy Alastair Holmes and Robert Peter Salmon in 1985 and is headquartered in Sydney, Australia.