Cerberus weighs options for Auburn 9 RMBS

Asad Ali

July 16, 2018 03:15 PM

PA-UK houses — General view of houses in Victoria Road, London, named 'the most expensive street in the UK' in 2015 with an average house price of over £8 million. The borough of Kensington and Chelsea is one of the most polarised in Great Britain, with some of the most expensive real estate in the UK just a short walk from several of the most deprived wards in the country - including the area around the Grenfell Tower. Picture date: Wednesday July 12th, 2017. Photo credit should read: Matt Crossick/ EMPICS Entertainment. | Matt Crossick/Empics Entertainment

Cerberus Capital Management is exploring options for Auburn 9 — a UK buy-to-let RMBS sold in 2015 — and is considering a sale of the entire mortgage portfolio before the next interest payment period in August, according to a regulatory filing last week.

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Morgan Stanley RMBS Securitization UK Europe EMEA

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Asad Ali