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Presale: Rochester Financing No. 3 PLC

The pool comprises well-seasoned mortgage loans currently held with Rochester Mortgages (seller). The seller will purchase the portfolio from Rochester Financing No. 2 with no negative or positive selection shortly before the closing date. Rochester is a wholly owned non-deposit-taking subsidiary of OneSavings Bank, with DB Mortgages Ltd., Money Partners Ltd., and Edeus Mortgage Creators Ltd. having previously originated 68.62%, 29.67%, and 1.71% of the loans in the pool, respectively. Target Servicing is the sole servicer for all loans in this pool. Target Servicing, established in 2006, is a fully owned subsidiary of Target Group Ltd. (TGL). In May 2016, Tech Mahindra (TM) acquired TGL. TM is a global multinational specialist in IT services and digital transformation with operations in