UK RMBS market remains buoyant

The UK residential mortgage-backed securities market is not expected to experience the same problems that have blighted the US subprime mortgage market over the past few months, according to Fitch Ratings.

In the past six months, just under two dozen US subprime mortgage lenders have either been shut down or sold because of diminishing returns, according to Bear Stearns. Fears about the increasing risks affiliated with home equity loans resulted in lower prices for corresponding subprime RMBS tra

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