IN BRIEF: LendInvest completes 4th securitisation of BTL mortgages
13th May 2022 20:29
LendInvest PLC - London-based non-bank mortgage lender - Says it has completed its fourth securitisation of prime buy-to-let mortgages in an oversubscribed residential mortgage-backed securities transaction. The securitisation, which comprised GBP270 million of UK prime BTL mortgage loans, received an Aaa(sf) and AAA(sf) rating for 87% of the pool from global credit rating agencies Moody's and S&P Global Ratings respectively. The transaction increases LendInvest's total funds under management to GBP3.2 billion, it adds. Read More