- Language: English
- 84 Pages
- Published: December 2010
- Region: United Kingdom
Ratings Assigned In Holmes Master Issuer's U.K. RMBS Series 2010-1 Nov 10
- Published: November 2010
- Standard & Poors
OVERVIEW We have assigned credit ratings to Holmes Master Issuer's mortgage-backed notes series 2010-1. A pool of first-ranking mortgages originated by Santander UK and secured over properties in England, Scotland, and Wales collateralizes the notes. LONDON (Standard & Poor's) Nov. 12, 2010--Standard & Poor's Ratings Services today assigned its credit ratings to Holmes Master Issuer PLC's $1,400 million, -1,250 million, and -975 million mortgage-backed notes series 2010-1. At the same time, Holmes issued -600 million unrated class Z notes (see list below). Santander UK PLC sponsors three U.K. residential mortgage master trusts (Holmes, Fosse, and Langton). In October 2010, Santander UK restructured its interests across the Langton and Holmes trusts. The Holmes Master Issuer PLC series 2010-1 notes are the...
Companies mentioned in this report are: Holmes Master Issuer PLC
Action: New Rating
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Holmes Master Issuer PLC
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