Adelaide bank restricts LMI cap

[Aaron_C]

There isnt really anything like it in the marketplace, it was a great niche for the right client.

Indeed and I think that's why ABL can (sic, could) justify its higher premium on their rates. Apart from that - what's the point? Favourable servicing is about all I can see, as all other construction / verification requirements are the same as the majors.

 

[Rolf Latham]

Indeed and I think that's why ABL can (sic, could) justify its higher premium on their rates. Apart from that - what's the point? Favourable servicing is about all I can see, as all other construction / verification requirements are the same as the majors.

one year fixed with 100 % offset doesnt have much of a premium

ta
rolf