AFG 2017-1 Trust: 14 September 2017
AFG is a diversified lending services company and one of the country’s largest mortgage broking groups. Through a network of 2,875 contracted mortgage brokers, AFG processes around $4.5 billion of finance every month and has a combined residential and commercial loan book of $133 billion.
From the official press release: AFG Chief Executive Officer David Bailey said “The securitisation program is an important contributor to the company’s overall growth strategy. We are delighted to see the success of this issue further validate the AFG Securities business model. The performance of our portfolio continues to be very strong. Our AFG Securities programme has robust underwriting and risk protocols and this is reflected in the performance of our book”.