Pooled finance – a new wholesale funding...
The idea of smaller financial institutions pooling their resources together to access the capital markets is not new, but has so far evaded the UK. Philippe...
FSA and HM Treasury publish proposals on...
The Financial Services Authority and HM Treasury have published a joint review and consultation paper of the UK’s covered bond regulation.
Northern Rock to issue its first RMBS
Northern Rock is launching its first residential mortgage-backed securitisation which will fund around 2% of its balance sheet.
Woolwich targets remortgage customers
Barclays is extending its ‘Woolwich Great Escape' remortgage package to 80 per cent loan to value after moving it from 70 to 75 per cent in...
Leeds reopens sterling Covered Bond market
Leeds Building Society has raised £250 million of 10-year long-term funding through a Covered Bond issue.
The changing shape of securitisation
The future of securitisation in European mortgage funding is uncertain, says Andrew South and Scott Bugie of Standard & Poor’s Ratings Services....
EMEA RMBS Performance Stable
Residential mortgage backed securities (RMBS) performance was stable across Europe, the Middle East and Africa (EMEA) during the first quarter of 2010,...
HM Treasury: Ensuring long-term stability...
The Treasury has published a discussion document on options for securing the long-term stability of the building society sector.  
BSA welcomes Treasury consultation on building...
The Building Societies Association has welcomed the Treasury discussion paper on building societies access to capital.
Unemployment could impact on arrears and...
Increasing unemployment in the UK may lead to more borrowers in arrears and further deterioration in UK prime residential mortgage-backed securities (RMBS)...