Paragon ponders call certainty as return prepped
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Paragon ponders call certainty as return prepped

Paragon’s expected return to securitisation this quarter will need innovative structuring to address extension risk, market participants judge. While collateral in the UK buy-to-let player’s legacy deals has performed well, with best-in-class delinquencies and repossessions (ahead of some UK prime), Paragon could not call the deals during the crisis.

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