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  • Yorkshire Building Society’s Brass No. 2 priced Friday at the tightest level seen in the U.K. residential mortgage-backed market since the financial crisis.
  • Netherlands lender NIBC Bank is set to return to the residential mortgage securitization mart with Dutch MBS XVII, more than a year after the last issue in the series.
  • Investec Capital Markets has priced its non-conforming U.K. residential mortgage-backed trade, Residential Mortgage Securities 26.
  • SNS Bank’s EUR960 million ($1.24 billion) Holland Mortgage Back Series (HERMES) XVIII Dutch residential mortgage securitization includes a rare preplaced fixed-rate tranche aimed at testing market appetite.
  • Certain European securitization trades could be edging a step closer to seeing non-AAA rated senior tranches in deals—as achieving AAA ratings remains tough for issuers.
  • Angel Oak Capital Advisors, an Atlanta-based investment and advisory company, has launched a fund specializing primarily in private label legacy mortgage-backed securities and also commercial mortgage-backed securities.
  • Janus Capital Group has added to its securitization team, hiring Jason Brooks as global securitized products analyst.
  • Secondary market activity in European securitization continues to be dominated by bids-wanted-in-competition, with several lists emerging midweek from hedge funds looking to lighten up books and take some profit.
  • Europe’s securitization market could be edging a step closer to seeing non-AAA rated senior tranches in some deals.