FOLLOW US
Follow us!

We are a proud member of the Financial Services Online network!

Connect with us on your favourite social media platform for the latest financial news, views, tips, tricks, resources and information.

Follow us on social media
Home Loans Australia
Home loan comparison and broker-matching resource
Home Loans Australia :: News
SHARE

Share this news item!

Westpac Divests RAMS Mortgage Portfolio in Strategic Sale

Consortium Acquisition Marks Significant Shift in Mortgage Market Dynamics

Westpac Divests RAMS Mortgage Portfolio in Strategic Sale?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

On November 3, 2025, Westpac Banking Corporation announced an agreement to sell its RAMS mortgage portfolio, valued at A$21.4 billion, to a consortium comprising Pepper Money, investment firm KKR, and asset manager PIMCO.
The sale is at a slight premium to the gross loan value of the portfolio to be transferred at completion.
However, Westpac anticipates incurring a loss on the sale after accounting for transaction costs and other financial adjustments.

This divestment reflects Westpac's strategic shift or repositioning within its lending business. By offloading the RAMS portfolio, Westpac aims to streamline its operations and focus on core banking activities. For the acquiring consortium, this acquisition represents a significant expansion in the Australian mortgage market, potentially offering more competitive loan products and services to consumers.

For existing RAMS customers, the transition to new ownership may bring changes in loan management and customer service. It's advisable for borrowers to stay informed about any updates from the new loan servicers and understand how this change might affect their mortgage terms and conditions.

Published:Sunday, 16th Nov 2025
Source: Paige Estritori

Please Note: If this information affects you, seek advice from a licensed professional.

Share this news item:

Finance News

First Home Buyer Loan Applications Surge Following Government's 5% Deposit Scheme Expansion
First Home Buyer Loan Applications Surge Following Government's 5% Deposit Scheme Expansion
12 Feb 2026: Paige Estritori
October 2025 marked a significant milestone for first-time homebuyers in Australia, with loan applications surging by 39.2%. This remarkable increase is largely attributed to the federal government's expansion of the 5% Deposit Scheme, which has made homeownership more accessible to a broader segment of the population. - read more
Investor Home Loans Surge Amid Record Borrowing in Australian Property Market
Investor Home Loans Surge Amid Record Borrowing in Australian Property Market
12 Feb 2026: Paige Estritori
In the third quarter of 2025, Australia's property market witnessed a significant shift as investors accounted for two out of every five home loans. Data from the Australian Bureau of Statistics (ABS) revealed that over 57,000 investors borrowed nearly $40 billion during this period, marking a 17.6% increase from the previous quarter. This surge underscores a growing trend of investor dominance in the housing sector. - read more
Australian Banks Raise Fixed Home Loan Rates in Anticipation of RBA Decision
Australian Banks Raise Fixed Home Loan Rates in Anticipation of RBA Decision
04 Feb 2026: Paige Estritori
In the lead-up to the Reserve Bank of Australia's (RBA) first monetary policy meeting of 2026, major Australian banks have proactively increased their fixed home loan interest rates. This preemptive move reflects expectations of a potential cash rate hike by the RBA, aiming to curb persistent inflationary pressures. - read more
APRA Imposes New Cap on High Debt-to-Income Home Loans
APRA Imposes New Cap on High Debt-to-Income Home Loans
04 Feb 2026: Paige Estritori
The Australian Prudential Regulation Authority (APRA) has announced a significant policy change aimed at enhancing financial stability within the housing market. Effective February 1, 2026, APRA will impose a cap on high debt-to-income (DTI) home loans, limiting banks to issuing no more than 20% of new home loans with DTI ratios of six times or higher. - read more
Australian Mortgage Market Reaches Record High Amidst Surging Property Prices
Australian Mortgage Market Reaches Record High Amidst Surging Property Prices
04 Feb 2026: Paige Estritori
In November 2025, Australia's mortgage market achieved a new milestone, with the total value of residential mortgages reaching $2.41 trillion. This record-breaking figure reflects a 0.67% increase from the previous month and a 6.36% rise over the past year, as reported by the Australian Prudential Regulation Authority (APRA). - read more
Click for more Finance News


Home Loans Articles

Unlocking the Hidden Value of Your Mortgage Offset Account
Unlocking the Hidden Value of Your Mortgage Offset Account
A mortgage offset account is a financial product that allows homeowners to use their savings to reduce the interest charged on their mortgage. It is a transaction account linked to your mortgage, and the balance in this account is offset against your outstanding mortgage balance when calculating interest charges. - read more
Creating a Personalized Savings Plan for Your Home Deposit
Creating a Personalized Savings Plan for Your Home Deposit
Buying a home is one of the most significant financial commitments you will make in your lifetime. Without a solid savings plan, you may find it challenging to gather the necessary funds for a home deposit. This can delay your home-buying journey and add unnecessary stress to an already high-stakes process. - read more
First-Home Finders: How to Choose a Mortgage Broker Who Works for You
First-Home Finders: How to Choose a Mortgage Broker Who Works for You
Embarking on the journey to homeownership can feel like navigating uncharted waters, with mortgage brokers often serving as the compass guiding you through the complexities of home financing. For many first-time home buyers, understanding the role of a mortgage broker can provide peace of mind and valuable support throughout the home-buying process. - read more
How to Boost Your Credit Score for a Better Home Loan Rate
How to Boost Your Credit Score for a Better Home Loan Rate
A credit score is a numerical representation of your creditworthiness. It is calculated based on your credit history, including factors like your payment history, the amount of debt you have, and the length of your credit history. - read more
The Investor's Toolkit: Managing Risks in Investment Property Financing
The Investor's Toolkit: Managing Risks in Investment Property Financing
Welcome to our comprehensive guide on navigating the complexities of investment property financing. In Australia, property investment has long been regarded as a favoured strategy for wealth creation and financial security. However, this path comes with its unique set of challenges and risks that must be carefully managed to ensure a successful investment journey. - read more


Need Help Finding a Home Loan?
Get your free home loan eligibility assessment and compare offers tailored specifically to your circumstances.
Loan Amount:
Postcode:
All finance quotes are provided free (via our secure server) and without obligation.
We respect your privacy.

Start Here

Get your free Home Loan Eligibility Assessment and compare multiple lender offers via our nation-wide mortgage broker panel.

Loan Amount:
Postcode:

All quotes are provided free and without obligation by a Specialist from our National Broker referral panel. See our Privacy Statement for more details.

"Mastering Home Loans: Navigating the Australian Mortgage Market"

FREE DOWNLOAD: Mastering Home Loans: Navigating the Australian Mortgage Market
download it free

Knowledgebase
Asset-Backed Security (ABS):
A financial security backed by a pool of assets, such as loans, leases, credit card debt, royalties, or receivables.


This website is owned and operated by Clark Family Pty Ltd (ACN 010 281 008) as Trustee for the Clark Family Trust (ABN 35 957 893 714), 43 Larch Street Tallebudgera QLD 4228. Clark Family Pty Ltd is an Authorised Representative (AR 1298860) of Unique Group Broker Services Pty Ltd (AFSL 509434) for financial product referrals and an Authorised Credit Representative (ACR 401491) of Saccasan Pty Ltd (ACL 386297). Check our licensing details on the ASIC registers: Clark Family Pty Ltd ACR, Clark Family Pty Ltd AR, Saccasan Pty Ltd, Unique Group Broker Services.
IMPORTANT: We do not provide financial product advice or credit assistance. We act solely as an introducer and refer enquiries to licensed third-party intermediaries, insurers, and lenders - with whom you can then deal directly. We may receive a fee or commission from these third parties in consideration for the referral. Before any action is taken to obtain a product or service referred to by this website, advice should be obtained (from either the third party to whom we refer you or from another qualified intermediary) as to the appropriateness of obtaining those products having regard to your objectives, financial situation and needs. Whilst we have our own process for validating the legitimacy of our referral partners, you should always verify the credentials of your financial adviser before proceeding with recommendations that they may present. Visit the ASIC website for further information.