UK RMBS vulnerable to Grenfell cladding fallout

8 March 2021

UK RMBS could see marginal losses from the government’s Grenfell inquiry pushing the cost of removing flammable cladding on up to 1.5m flat owners across the country, after DBRS Morningstar research revealed on Monday that repossessions could eat into securitized mortgage portfolios. The UK government is balancing the rapid […]

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Posted in Cladding