What’s Up Holmes? Santander Restructures U.K. RMBS Master Trust

30 Sep 2010

Santander is overhauling Holmes, its U.K. residential mortgage-backed securities master trust, in a bid to make the structure more simple and transparent for investors, as well as to cut its own exposure to the notes.

—Hugh Leask

Santanderis overhauling Holmes, its U.K. residential mortgage-backed securities master trust, in a bid to make the structure more simple and transparent for investors, as well as to cut its own exposure to the notes. The vehicle is also expected to roll out a new issue of ...

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