The Saudi Real Estate Refinance Company (SRC), a subsidiary of the kingdom's wealth fund PIF, has signed an agreement with Alawwal Bank to acquire a residential mortgage portfolio. The deal forms part of the SRC’s efforts to support the housing sector by providing liquidity to financing institutions.
The Saudi Real Estate Refinance Company (SRC), a PIF company, has announced the launch of its second Residential Mortgage-Backed Securities (RMBS) issuance, marking a significant step in the development of the kingdom’s securitisation market.
