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£200m securitisation made by Preferred

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  • 07/10/2002
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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.’


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