NautaDutilh assists BinckBank with the purchase of Dutch residential mortgages from Obvion
NautaDutilh's Securitisation team assisted BinckBank with its purchase of the EUR 340 million Dutch residential mortgage loan portfolio from Obvion.
With this purchase BinckBank is on track with its plan to acquire EUR 500 million of Dutch residential mortgages in 2016. This investment in Dutch residential mortgages fits with BinckBank's strategic goals to bring more diversification in the revenue streams and to become less dependent of transaction related income. Read the full article in FD about BinckBank's investment (Dutch).
BinckBank was advised by Arjan Scheltema and Reinier Dommerholt.
NautaDutilh also assisted Vivat with its purchase of 1 billion of mortgage receivables from Rabobank referred to in the FD article.