OneSavings Bank had its £167 million ($266 million), privately-placed,   U.K. RMBS that is backed by non-conforming mortgages rated by Standard & Poor’s.

This is the first RMBS transaction for OneSavings Bank. The deal is backed by first-lien UK nonconforming residential mortgages owned by OneSavings Bank and originated by Advantage Home Loans, Charter Court Financial Services and GMAC-RFC.

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.