Thrifts and Mortgage Finance
Company Overview of FirstMac Limited
FirstMac Limited operates as a non-bank lending company that provides home loans for buyers and investors in Australia. The company engages in the origination, lending, securitization, management, and servicing of home and retail mortgage loans for the purchase and refinance of properties. The company also provides a range of car loans for business or personal needs; and equipment financing solutions for small and medium businesses. FirstMac Limited was formerly known as Firstmac Mortgage Management Limited and changed its name to FirstMac Limited in June 2005. The company was founded in 2000 and is headquartered in Brisbane, Australia with additional offices in Sydney and Melbourne, Austral...
Level 40, Riverside Centre
123 Eagle Street
Brisbane, QLD 4000
Founded in 2000
Key Executives for FirstMac Limited
Managing Director and Director
Chief Financial Officer, Chief Investment Officer and Member of Audit Committee
Executive Director and Member of Audit Committee
General Manager of Sales & Marketing, Company Secretary and Member of Audit Committee
Compensation as of Fiscal Year 2016.
FirstMac Limited Key Developments
FirstMac May Withdraw Business From Sale
Aug 16 16
The trade sale of FirstMac Limited appears to be hanging in the balance, with speculation that the owner may be about to withdraw the business from sale
FirstMac Receives First-Round Bids
Aug 4 16
First-round bids for FirstMac Limited were submitted on July 27, 2016 and interest was thin on the ground. Several strategic and private equity buyers pulled away from the process due to price expectations, according to sources. Goldman Sachs is handling the sale.
Firstmac Puts Itself On The Block
Jun 20 16
FirstMac Limited has put up for sale with Goldman Sachs hired to find a strategic investor or buyer for the whole company. Goldman has approached potential buyers including banks, private equity firms and offshore strategic players in recent days.
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