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The deal consists of three underlying trades with 856 mortgage loans.
The deal is the first European RMBS to include bridging loans
George Smith talks to Tom Hall about a run of giant ABS deals, and to Thomas Hopkins about whether changes to Solvency II will bring insurers flocking back to securitization.
More articles
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Dutch mortgage lender’s first buy-to-let RMBS priced on May 19
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Volkswagen’s VCL 39 joins Italian auto offering from BNP Paribas’s Findomestic
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The deal is backed by 616 loans, most of which are underwritten without income or employment docs
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Only mezzanine tranches offered as specialist lender brings its second deal of the year
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- Sukuk market flying but other parts of EM in peril - What now for Turkish issuers? - SSAs dive into dollars despite debt ceiling threat - Exciting pricing in UK RMBS
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Banking turmoil and the sales from FDIC have kept the spreads wide, creating an attractive entry point
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Prime UK RMBS issuers take advantage of strong technicals
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UK lender could issue covered bonds as soon as Q3 to help refinance TFSME debt
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Tullamore court locks servicer Pepper into a 25 year fixed rate mortgage at 2.5%