EXHIBITOR
As Australia’s first Lenders Mortgage Insurance (LMI) provider and a specialist in the field, Helia has played an important part in the Australian RMBS market.
Helia offers pool LMI cover for RMBS, which transfers the credit risk associated with shortfall losses on residential mortgages to Helia. This assists lenders by lowering funding costs through reduced subordination levels. Helia has provided more than A$83 billion of pool LMI cover for RMBS programs across 28 lenders in Australia since 1998.
Helia’s vision is to be the unparalleled leader in LMI. This focuses on growing the market for LMI by repositioning LMI with home buyers and brokers, and working with lenders, regulators and policy leaders to promote a strong and sustainable housing market in Australia.