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CML securitisation survey

A Council of Mortgage Lenders survey reveals a growth in securitisation deals could boost mortgage business and bring deals to consumers.


The Morgan Stanley Dean Witter report, commissioned by the CML, shows conditions are ripe for the issuing of more mortgage-backed securities.


Securitisation involves mortgage assets being “sold” in bulk to investors rather than remaining on the original lender&#39s balance sheet.


CML spokesperson Sue Anderson says: “Securitisation has a positive impact on competition in the mortgage market because it allows lenders to price mortgages more competitively than they would otherwise be able to do.”

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