UK lenders set to rush back to securitization as TFS ends
UK mortgage lenders are positioning themselves to re-enter the securitization market next year, as they wean themselves off the Bank of England’s Term Funding Scheme (TFS), which is slated to end in February 2018.
A number of banks have held informal meetings with investors, according to sources speaking to GlobalCapital, and the feeling among observers is that momentum is building for a rush of issuers back to the securitization market.Once the TFS ends, banks will have a range of options for ...
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