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Latest news
Pepper also announced a sterling non-conforming RMBS
This is the first UK BTL RMBS since the Renters’ Rights Act came into effect
Funding Circle also placed the mezz notes for its SME loan transaction
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Reit set IPTs for the $507m OBX 2025-NQM6 in line with recent prints on Tuesday
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Investors taking 'wait and see approach' ahead of April 2 tariff announcement
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Issuer brings seventh residential transition loan-backed trade of 2025 and is year's third first-timer
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Spreads on the secondary market are stable to marginally softer
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Non-bank lender's Atlas 2025-1 will be the first sterling deal backed exclusively by BTL loans this year
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Investor views split on value proposition while some issuers may lean on balance sheet and warehouses in short term
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Japanese bank poaches from US rival after previous head left in February
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Encouraging regulatory noises are emerging, while underlying assets have had stellar performance
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Strong tightening at the top but issuer retains bottom tranche