KBRA Assigns Preliminary Ratings to Harvest Funding PLC
City AM
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KBRA UK (KBRA) assigns preliminary ratings to seven classes of notes issued by Harvest Funding PLC, a static RMBS securitisation backed by a seasoned non-conforming portfolio of United Kingdom (UK) residential mortgage loans, comprising performing, in-arrears and past-term exposures.
The portfolio aggregates to £2.0 billion of first lien loans which are secured by owner occupied https://www.cityam.com/kbra-assigns-preliminary-ratings-to-harvest-funding-plc/">[...]