Bradford & Bingley Rolls Out Its First RMBS For ‘08

25 Jul 2008

U.K. building society Bradford & Bingley has issued its first residential mortgage-backed securitization for this year.

--Alex Sebastian

U.K. building society Bradford & Bingley has issued its first residential mortgage-backed securitization for this year. The £2.9 billion ($5.8 billion) of multicurrency bonds from the Aire Valley Mortgages program come four weeks after the master trust staved off the threat of downgrade (TS, 6/27).

Two ...

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