Cerberus brings more Granite RMBS as market heats up

摘要

Cerberus capital management is looking to securitise another chunk of legacy Northern Rock mortgages, amid a market rally that has created flawless conditions for issuers. The US private equity group mandated banks last week for towd point mortgage funding 2016-granite 2, a trade backed by legacy mortgages it bought from the UK government last year.