Yorkshire backs RMBS prominence for UK mid-tier after retained deal

houses right size
By Tom Porter
16 Apr 2014

Yorkshire Building Society and its fellow mid-tier lenders can look forward to a more active future in RMBS, its treasury team told GlobalCapital this week after fully retaining the issuer’s fourth mortgage securitization.

“It’s certainly possible for the mid-tier lenders in the UK to be the driving force behind UK RMBS issuance going forward,” said Yorkshire’s head of financial structuring, Richard Driver. “We have a lot of lending plans and we have a lot of funding to do.”

Deleveraging from big banks, ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial