Securitisation as a mortgage funding method might never recover from the current credit crunch, according to Jackie Bennett, head of policy for the Council of Mortgage Lenders.
Much of the sub-prime market is based on debt securitisation, where prime and sub-prime debt is repackaged and sold to investors, and the CML believes many sub-prime borrowers will suffer difficulties....
Brings in recurring revenue of £700,000
27,000 ‘affordable new homes’ to London
795 in Croydon
PA's Good News Bulletin
Canaccord Genuity is acquiring the wealth management business of private bank Adam & Co from Royal Bank of Scotland in a £54m deal.
'Lower than ever reward'