Andrew Jenke, Partner, Portfolio Solutions Group at KPMG, said: “Over the past five years, banks have found it hard to exit non-core UK residential mortgage portfolios. This has changed recently because of more new lenders, greater demand for UK RMBS and surplus liquidity from larger banks. We expect to see further demand and deal activity in this space through 2015, evidenced by the Chancellor’s comments.”
Simon Chan, KPMG Corporate Communications
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This article represents the views of the author only, and does not necessarily represent the views or professional advice of KPMG in the UK.