Non-bank home lender Resimac has started marketing its RESIMAC Premier Series 2016-2 - that is, the issuance of residential mortgage-backed floating-rate notes in what will be known as the RESIMAC Triomphe Trust - RESIMAC Premier Series 2016-2. Fitch Ratings and Standard and Poor's have each assigned expected ratings to RESIMAC Triomphe Trust. The issuance consists of notes backed by a pool of conforming first-ranking Australian residential loans originated by RESIMAC Limited. The ratings are as follows (Fitch/S&P): A$270 million Class A notes: AAA (EXP)sf/ AAA (sf) $13.8 million Class AB notes: AAA (EXP)sf/AAA (sf)        $8.4 million Class B notes: Not rated/ AA (sf) $3.6 million Class C notes: Not rated/A (sf)           $1.2 million Class D notes: Not rated/BB (sf) Class E notes: not rated by either agencyThe notes will be issued by Perpetual Trustee Company Limited in its capacity as trustee of RESIMAC Triomphe Trust - RESIMAC Premier Series 2016-2.At the cut-off date of 29 September 2016, the total collateral pool with a balance of $300m consisted of 1,508 loans, with an average borrower balance of $368,997, said Fitch in a presale report. According to Fitch, via the same release, the credit quality of the collateral backing the transaction differs from prior pools under the RESIMAC Premier programme. The pool contains 29.7 per cent of loans with lenders' mortgage insurance cover.