Where the Americans lead the Europeans are not (this time) too far behind. Following recent news from the U.S. that First Union Capital Markets is mulling a securitization backed by loans purchased from online originators comes confirmation that securitization will be a central strategy for a new European online mortgage lender, Europeloan (www.europeloan.com).

The company, owned by the structured finance boutique Fredell & Co. with partners

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