High volume of borrowers in UK RMBS miss final payments

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High volume of borrowers in UK RMBS miss final payments

Sam Kerr
December 19, 2017 03:45 PM
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A red houses sitting on a coins, with a pen and calculator to symbolize house finance in the U.k. | Ian Milburn/spectrumblue - Fotolia

A third of interest-only borrowers in non-conforming UK RMBS failed to pay down their principle at maturity, according to S&P Global Ratings.

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