A British specialty mortgage lender is securitizing its second round of first-lien, non-conforming mortgages, including a large segment of loans obtained from GE Money’s downsizing UK affiliate.

Hawksmoor Mortgages 2016-2 plc is a British sterling-pound denominated RMBS with a £1.124 billion pool balance secured by mortgages to residential properties in the UK extended to 12,153 borrowers, according to presale reports from Moody’s Investors Service and Standard & Poor’s.

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