Coventry’s FLS Buy-To-Let Play Could Flip Public Switch

Coventry Building Society’s mortgage subsidiary Godiva has retained a buy-to-let residential mortgage-backed deal, Mercia No. 1, for use in the U.K. Funding for Lending Scheme, but the potential restart of the buy-to-let RMBS market could see the deal sold publicly further down the line, officials at the firm told SI.

  • 12 Dec 2012
Coventry Building Society’s mortgage subsidiary Godiva has retained a buy-to-let residential mortgage-backed deal, Mercia No. 1, for use in the U.K. Funding for Lending Scheme, but the potential restart of the buy-to-let RMBS market could see the deal sold publicly further down the line, officials at the firm ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 6,415 22 12.84
2 Citi 5,781 17 11.57
3 BNP Paribas 3,530 14 7.06
4 Credit Suisse 2,783 8 5.57
5 Rabobank 2,633 4 5.27

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 99,251.11 279 13.17%
2 Bank of America Merrill Lynch 90,895.27 265 12.06%
3 Wells Fargo Securities 72,661.39 222 9.64%
4 JPMorgan 52,367.24 169 6.95%
5 Credit Suisse 41,885.89 127 5.56%