DUBLIN–(BUSINESS WIRE)–Kroll Bond Rating Agency Europe Limited (KBRA) assigns preliminary ratings to five classes of notes from Towd Point Mortgage Funding 2018 – Auburn 12 Plc (TPMF 2018-AU12), a UK RMBS transaction secured predominantly by seasoned Buy-to-Let (BTL) mortgages. This transaction is the 12th securitisation under the Auburn shelf, and the first European rated RMBS securitisation for KBRA. TPMF 2018-AU12 is a static RMBS securitisation. The £393.1 million mortgage pool was origin
