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Deals including some commercial mortgages expected to follow
Deal was priced 6bp tighter than most recent iteration of the asset class
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More articles
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The deal is backed by 616 loans, most of which are underwritten without income or employment docs
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Only mezzanine tranches offered as specialist lender brings its second deal of the year
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- Sukuk market flying but other parts of EM in peril - What now for Turkish issuers? - SSAs dive into dollars despite debt ceiling threat - Exciting pricing in UK RMBS
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Banking turmoil and the sales from FDIC have kept the spreads wide, creating an attractive entry point
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Prime UK RMBS issuers take advantage of strong technicals
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UK lender could issue covered bonds as soon as Q3 to help refinance TFSME debt
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Tullamore court locks servicer Pepper into a 25 year fixed rate mortgage at 2.5%
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Much-anticipated £1bn deal lands at tightest level for a UK RMBS since April 2022
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Non-agency RMBS issuance is down by 74%, with non-QM accounting for almost half