Davidson Kempner brings non-conforming legacy UK RMBS

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Davidson Kempner brings non-conforming legacy UK RMBS

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Embargoed to 0001 Thursday April 26 File photo dated 31/03/16 of houses in south London. The shortage of affordable houses in London is a "ticking time bomb" for companies struggling to recruit workers, a new report warns. | Dominic Lipinski/PA Wire/PA Images

Davidson Kempner, through its investment vehicle Burlington Loan Management, is selling six tranches of a non-conforming UK RMBS, with Bank of America as sole arranger. A legacy portfolio of pre-financial-crisis mortgages is backing the deal.

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