Fox Street 3 (RF) Limited

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Fox Street 3 (RF) Limited
  • Fox Street 3 (RF) Limited
  • Year : Apr 2020
3 Tokens
USD 300.00
Summary

Fox Street 3 (RF) Ltd is a Residential Mortgage Backed Securities (“RMBS”) Securitisation of home loans originated by Investec Bank Ltd (“Investec”) to its private banking clients. The Issuer issued unlisted Notes on 20 February 2015. This is Investec’s third Fox Street RMBS transaction.

Additional Information

GCR modelled the Transaction for the current surveillance using its updated Global Master Structured Finance Rating Criteria - September 2018, and Global Residential Mortgage Backed Securities Rating Criteria - November 2018. This is the first surveillance of Fox Street 3 conducted under the new Global Master Structured Finance Rating Criteria. Thus, GCR remodelled the Transaction in a pre-enforcement (and not post-enforcement) scenario.

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