Credit Suisse plans to issue a £265.5 million ($392 million) securitization of legacy mortgage assets originated by Edeus Mortgage Creators, Kensington Mortgage Co, Amber Homeloans and Paratus (formerly GMAC-RFC).

Edeus, GMAC and Amber ceased lending in 2008. Kensington, which has originated 19 of the loans in the mortgage portfolio, is actively lending in the UK non-conforming sector with a strong focus on near-prime borrowers.

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