Mortgage lender Precise Mortgages has launched a £205m residential mortgage-backed securitisation.
The RMBS was rated by Fitch and S&P and was sold by Lloyds Bank, Bank of America Merrill Lynch and JP Morgan.
There were four tranches on the deal, from A-D.
The deal completes more than £800m in securitisations for Precise Mortgages since December 2013.
