RMBS uncertainty builds as mortgage relief plans diverge
With the continent on lockdown, European countries are taking different approaches to granting borrowers relief from mortgage payments, putting RMBS deals across Europe in uncharted territory.
As the continent wrestles with its different approaches, market participants are voicing concerns over the RMBS sector, seeking clarity on how securitized mortgages will be affected by borrower relief measures.“In the UK, mortgage borrowers will need to contact their lenders to apply for the government- sponsored ...
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