Pic© Gilad Rom
Category: RMBS
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Blackstone affiliate Spain Residential Finance is in the market with its second Spanish re-performing RMBS. Dubbed SRF 2017-1, the €403.1m transaction is backed by 3,307 seasoned residential mortgage loans extended to borrowers in Spain.
Consisting of first lien mortgages on residential properties, the portfolio has a weighted average current loan to value ratio of 60.88%,
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