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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The European Central Bank is giving banks more time to provision for recently classified non-performing exposures, bringing its expectations into line with the EU’s new Capital Requirements Regulation. -
As Libor’s end date approaches, Fitch Ratings warns this week that investor consent for the switch to a replacement rate represents a significant challenge for legacy RMBS deals.
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Dutch investment manager Venn Partners has announced the closing of a €550m warehouse line for prime Dutch residential mortgages originated by the Venn Hypotheken platform.
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Co-op Bank opted to pre-place its fourth Warwick Finance RMBS last Friday, scraping the remainder of a legacy portfolio it began securitizing in 2015.
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Aldermore Bank has tapped Bank of America Merrill Lynch and Lloyds to arrange a prime UK RMBS deal set to qualify for the ‘simple, transparent and standardised’ (STS) regulatory label, looking to get ahead of a raft of RMBS issuance expected in September.
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Banca Monte dei Paschi di Siena has completed four transactions for the sale of non-performing loans, totalling €340m.
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Santander has submitted notifications to regulators for its Holmes Master Trust RMBS to be eligible for the the ‘simple, transparent and standardised’ (STS) regulatory designation.
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The UK government publicly praised a deal between fintech firm LendInvest and National Australia Bank (NAB), applauding a £200m investment by the bank in the online buy-to-let mortgage lender.
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Intesa Sanpaolo and Prelios have formed a partnership focusing on unlikely-to-pay (UTP) loans, a subset of the non-performing loan sector, aiming to securitize a €3bn portfolio of UTP loans made to small and medium sized enterprises.
