Eloise Walker and Jeremy Webster (Pinsent Masons) consider the ambit and some key practical issues arising out of structuring a true sale securitisation.
during the financial crisis. The securitisation of subprime mortgages resulted in toxic assets which were blamed for poisoning the financial system. However securitisations can be a useful tool in bringing diverse portfolios of financial assets to market in a way which raises cash efficiently and they have over the last few years been making a comeback.
different forms but the most common in the UK market at the moment...
