European Non-Conforming RMBS: A new beginning?
“European Non-Conforming RMBS, edited by Bill Thornhill, is one of the best financial services anthologies I have seen. It is always difficult to be timely and relevant in journalism and this report is both. It should be essential reading for both new investors and experienced market practitioners.” Dennis Sheehan, Managing Director. GMAC RFC
The European non-prime residential mortgage backed securities market is here to stay - though its shape may well be different going forward. There is still huge potential in Europe’s most developed market, the UK, but the picture across the rest of Europe is even more enticing, offering far greater scope for development. Development in the burgeoning non-prime markets of Italy, France, the Netherlands, Germany and Spain continues apace and deals will come. The rewards for those willing to venture into this space could be immense, but as recent experiences have shown, getting it wrong can be disastrous.
European Non-Conforming RMBS: A new beginning? lifts the lid on the whole value chain, from mortgage distribution, through to origination, the securitisation exit and portfolio management. It examines the many opportunities in non-prime across Europe, while spotlighting the challenges and pitfalls facing players in the market.
Investors, lenders, syndicate professionals, research analysts, information technology experts and lawyers who may already be involved in a part of the market, along with those looking to get involved, will not find any parallel to this informative and incisive report written in part by the industry's leading practitioners.
Published January 2008, European Non-Conforming RMBS: A new beginning? is now HALF PRICE at just £398/US$808.
Order online now or contact john.woodward@thomson.com or by phone on +44(0)207 369 7317.