Latest news
Latest news
In March Lone Star closed its fourth residential mortgage fund at over $1bn
Bank’s relationship with SpringCash is ‘commercial’
Deal is the first seasoned performing and reperforming loan deal for Mill City Mortgage this year
More articles
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In an otherwise slow week for the securitization market after the Labor Day holiday, observers are bracing themselves for a potentially market-moving development for the mortgage sector — the Trump administration’s release of its government-sponsored enterprise reform plan.
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Santander has announced that it is considering transitioning some Libor-linked notes issued by its Holmes Master Issuer programme to the Sonia benchmark.
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Yorkshire Building Society has mandated Bank of America Merrill Lynch and Lloyds, alongside joint lead managers Citi and BNP Paribas, for its upcoming Brass No.8, a UK prime RMBS deal offering two triple-A rated sterling tranches and a senior dollar tranche.
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Companies could be stopped from picking their favourite jurisdiction for restructurings, if a crucial ruling over the fate of troubled heat exchanger firm Galapagos SA goes in favour of a group of high yield bondholders.
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Pepper Group has mandated Citi and NatWest Markets as to arrange Castell 2019-1, a full capital stack UK RMBS transaction backed by second lien mortgages.
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A no-deal Brexit has the potential to cleave the European securitization market by seeing different rules apply in the the UK — its largest component — from the rest of the EU. Tom Brown reports.
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A trio of banks led Aldermore’s third RMBS towards the tighter end of price guidance to sell the senior notes at 80bp over Sonia.
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Arrangers Lloyds and Bank of America Merrill Lynch, along with joint lead BNP Paribas, have announced initial price thoughts for Aldermore Bank’s Oak No.3 prime UK RMBS. The deal is set to qualify for the ‘simple, transparent and standardised’ (STS) label.
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Shareholders of the Budapest Stock Exchange (BÉT) decided to establish a securitization advisory subsidiary at a meeting held on August 14 to “facilitate the development of the domestic securitization market.”