Preferred Mortgages has completed a £200m securitisation of non-conforming mortgage assets. The tran...
Preferred Mortgages has completed a £200m securitisation of non-conforming mortgage assets. The transaction, which is its fifth and largest transaction to date, brings the company’s total securitised assets to £0.5bn since the company formed in 1996. John Webster, business development director of Preferred, said: ‘The securitisation of assets provides us with additional opportunities to develop our current product portfolio while pioneering products for this market.’
