Clydesdale Retains Second Lannraig BTL RMBS

27 Nov 2012

Clydesdale Bank has launched and retained Lannraig Master Trust 2012-1, a U.K. residential mortgage securitization backed by buy-to-let mortgages originated by Clydesdale and Yorkshire Bank, both subsidiaries of National Australia Group.

Clydesdale Bank has launched and retained Lannraig Master Trust 2012-1, a U.K. residential mortgage securitization backed by buy-to-let mortgages originated by Clydesdale and Yorkshire Bank, both subsidiaries of National Australia Group.

The issue comprised a £715 million ($1.15 billion) class A tranche, rated AAA by Fitch Ratings and Moody’s ...

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