Second charge loans likely to appear in more UK RMBS

Second charge mortgage lending is growing rapidly in the UK, with market sources expecting it to become more common in UK RMBS transactions this year.

  • By Sam Kerr
  • 26 Sep 2017

Together Finance priced a mixed pool RMBS transaction at the end of last week, with high levels of subscription across the capital stack.

The pool contained majority second charge mortgages and followed a deal earlier in the year from Optimum Credit, which sold a deal ...

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