Europe is gearing up for a revival of its RMBS sector after taking a break in August. The latest deal slated to make the rounds next month comes from Santander U.K.'s Fosse master trust structure.

Santander U.K. has mandated Barclays, JPMorgan and Santander Global Banking & Markets as lead managers for its forthcoming FOSSM 2010-4 transaction. This prime U.K. RMBS is expected to be launched and priced across a combination of British pound- and euro denominated classes, subject to market conditions, in the first week of September.

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