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  • The U.S. Securities and Exchange Commission this morning gave approval to two final rules regulating repurchase disclosure and due diligence reviews for asset-backed securities.
  • Hudson Advisors has scooped up Steve Warjanka from Hexagon Securities, where he focused on mortgage-backed securities sales and trading.
  • Freddie Mac is prepping its first multifamily commercial mortgage securitization for 2011, a $1 billion FREMF 2011-K10.
  • Investors say the new $1.51 billion Barclays Capital-led residential mortgage-backed securitization of National Credit Union Administration assets is fully subscribed, with initial whispers on AAA paper in the mid-to-upper 40s.
  • Risk-based capital requirements for insurance companies that invest in commercial mortgage-backed securities could be substantially higher than what was expected when the National Association of Insurance Commissioners released its initial guidelines last November.
  • The effect of the recent $2.64 billion Beacon Seattle and DC Portfolio loan modification has had a limited impact on the seven 2007 commercial mortgage-backed securities the mortgage is split across, according to traders.
  • Amherst Securities is forecasting a rally of around 100 basis points for seasoned super-senior commercial mortgage-backed securities with credit enhancement levels of 30% in the coming year, according to a new report.
  • Underlying loans in German multifamily commercial mortgage-backed securitizations are facing more defaults before reaching maturity, according to Barclays Capital analysts in London.
  • A £175 million ($273 million) sale-and-lease back mortgage bond offering on a single Dutch research and development site is being prepared.