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RMBS

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  • Santander U.K. priced Holmes 2013-1, the first U.K. master trust residential mortgage securitization deal of the year, on Thursday.
  • Santander UK priced Holmes 2013-1, the first UK master trust RMBS deal of the year, on Thursday. After months without new supply, bankers said the deal fed the market some much sought after paper and provided a useful pricing benchmark.
  • A unit of Lloyds TSB is selling $8.74 billion of residential mortgage-backed securities next week, seemingly part of its move to shore up capital in order to meet regulatory requirements.
  • Leads on Santander U.K.’s Holmes 2013-1 residential mortgage securitization kept books open for the sterling tranche through Wednesday afternoon as a handful of major accounts wait to finalize orders.
  • Real estate investment company Kennedy Wilson Europe is set to buy the portfolio of Irish properties backing the Opera Finance (CMH) commercial mortgage securitization, the underlying loan for which defaulted in January.
  • West Bromwich Building Society has priced Kenrick No. 2, the first U.K. prime residential mortgage securitization of 2013, with the senior tranche reaching the tight end of guidance.
  • West Bromwich Building Society has priced Kenrick No 2, the first UK prime residential mortgage securitisation of 2013, with the senior tranche reaching the tight end of guidance.
  • Leads on Santander UK’s Holmes 2013-1 RMBS are keeping books open for the sterling tranche on Wednesday afternoon as a handful of major accounts wait to finalise orders.
  • West Bromwich Building Society’s Kenrick No. 2 U.K. residential mortgage securitization—the first prime U.K. RMBS to surface this year—is expected to price imminently, with the deal understood to have garnered solid interest from investors.