Best ABS issuer: Northern Rock

The UK mortgage originator leaves its competition trailing through its ability to innovate in the ABS market.

The world’s best borrowers in 2006

Northern Rock generated huge interest with its Whinstone deal

When it comes to innovation in ABS, UK mortgage bank Northern Rock is so far ahead of the pack that there was really only one contender in the field this year. Almost every significant development in the RMBS market over the past 12 months has had the mortgage originator’s name stamped on it. The Newcastle upon Tyne-based lender has a vested interest in pushing the envelope in securitization technology.

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