Citi preplaces BTL mortgage deal with RMBS wave incoming

Tom Brown

July 06, 2020 05:30 PM

London_PAImages_230x150_09Dec19 — File photo dated 9/3/2017 of the London skyline as seen from Tower 42 with the 'Gherkin' (foreground), 30 St Mary Axe and Canary Wharf (background) prominent. The Financial Conduct Authority???s Brexit chief has warned there are still unknown risks of disruption to the financial sector should the UK crash out of the EU without a deal. | Chris Radburn/PA Wire/PA Images

Citi has chosen to preplace Canada Square Funding 2020-1, a BTL deal pooling mortgages from originators Fleet Mortgages, Topaz Finance and Landbay Partners. A further seven UK RMBS deals are scheduled to arrive in the pre-summer window over the next month, sources said.

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Topics

Coronavirus RMBS Securitization UK Europe Citi EMEA

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Tom Brown