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Macquarie acquires third UK residential mortgage portfolio

04 Mar 2014

Macquarie purchased a £36m portfolio of non-conforming, re-performing residential loans from a European Bank. This transaction represents Macquarie's third mortgage portfolio acquisition in the UK over the last 18 months and is evidence of Macquarie's continued interest in the secondary residential mortgage market. The deal also underlines Macquarie's ability to fully address all the seller's key requirements by delivering a binding purchase offer and completing the acquisition under tight time constraints.