The Royal Bank of Scotland (RBS) is looking to get back into the U.K. RMBS sector with a deal from its resurrected master trust structure called Arran, according to market reports.

The transaction, worth £4.7 billion ($7.24 billion), is backed by U.K. prime RMBS loans that were originated by RBS and NatWest Homeloans.

It is also the first deal from the bank since 2007 when the crisis started.

JPMorgan Chase and Lloyds are co-managers on the mortgage deal.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.