Press Releases

Specialist mortgage lender, Pepper Australia, has opened a mortgage servicing centre in Parramatta. The state of the art facility will house an 80 strong team, as well as providing an employee training and development facility for the expanding national organisation.

Some fantastic news to end what has been a milestone year for Pepper... Standard & Poor’s has publicly announced an upgrade of Pepper’s ranking as a residential loan servicer from “ABOVE AVERAGE” to “STRONG”, being the highest possible ranking for loan servicers included on S&P’s Global Select Servicer List.

Pepper Australia Pty Limited (“Pepper”) has today announced that it has exercised its call option (“the call”) on the Pepper Residential Securities Trust No.6 (“PRS6”). The call was fully funded and completed on 15 December 2011. The total loan portfolio held within PRS6 at the call date was approximately $118 million. This is the third call option exercised by Pepper since commencement of the Global Financial Crisis (GFC) in 2007, having previously called its Pepper Residential Securities Trust No.4 (“PRS4”) in April 2008 and Pepper Residential Securities Trust No.5 (“PRS5”) in July 2010. As is the case with PRS6, each of these calls were made on the first eligible Payment Date.

Monday, 8 August 2011, Australia: Australian specialist mortgage lender, Pepper Australia Pty Limited ("Pepper") today announced that it has successfully concluded its acquisition of a $5.0 billion residential mortgage portfolio originated by GE Capital in Australia and New Zealand.

Australian specialist mortgage lender, Pepper Australia Pty Limited ("Pepper") has today signed definitive agreements to acquire the approximately $5.0 billion residential mortgage portfolio originated by GE Capital Australia and New Zealand.