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SecuritizationRMBS

RMBS in the spotlight as more UK banks offer mortgage relief

Mortgage_AdobeStock_575x375_12March20

Lloyds is among several lenders to announce that it will join NatWest, TSB and Nationwide in allowing borrowers affected by the coronavirus to take payment holidays on their mortgages, but that has raised legal questions for RMBS deals if borrowers require deferrals beyond the three month relief period.

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