Latest news
Latest news
TwentyFour priced its Dutch prime RMBS refi, Blackstone its sterling logistics CMBS
Blackstone is aiming to execute its CMBS before the market shuts for Global ABS
Second large office CMBS in quick succession after The Soloviev Group sold a $1.7bn New York office CMBS last week
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Credit default swap spreads on U.S. agency mortgage-backed securities widened to their highest level since September 2009 on concerns that agency MBS sales could surge if U.S. sovereign debt is downgraded.
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Aston Asset Management’s New ASTON/DoubleLine Core Plus Fixed Income Fund is planning to invest in mortgage-backed securities among other asset classes.
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Bank of America-Merrill Lynch is said to be considering a sale of some $40 billion of mortgage-servicing rights linked to loans issued by Freddie Mac.
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Broker-dealer Kellner DiLeo has hired Robert Egan as senior v.p. and global head of international securities lending.
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The percentage of loans paying off on their balloon date improved in June by 7 points to 42.4%, well above the previous 12-month average of 39.6%, according to Trepp.
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An estimated one-quarter of loans modified through Citigroup’s private programs have redefaulted over the past two years, according to John Gerspach, the bank’s cfo.
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Robert Bostrom, the executive v.p., general counsel and corporate secretary for Freddie Mac, is jumping to private practice and will start work at SNR Denton in mid-August.
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ABN Amro has launched a EUR 10 billion ($14.1 billion) issue of Dutch residential mortgage-backed securities from its new Fishbowl Master Issuer vehicle, a structure that will be tapped solely to retain deals, according to Werner Groenendijk, head of asset-based funding at ABN Amro in Amsterdam.
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West Bromwich Building Society has postponed the marketing of its Kenrick No. 1 U.K. residential mortgage-backed securitization due to volatility in the Euro zone.