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
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After an explosive report this week by British newspaper The Times accusing Al Rayan Bank of funding extremist groups, investors in the UK Islamic bank’s sukuk RMBS say they have little concern over the prospects for the bonds. -
Hoist Finance has transferred an Italian NPL portfolio of €225m to a special purpose vehicle, taking the first step towards issuing an unrated securitization.
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Paul Byrne, the treasurer who helped structure the first additional tier one (AT1) gender equality bond, is joining Quartech, the asset manager of HomeOptions, an ESG not-for-profit firm that aims to challenge private equity funds purchasing mortgage portfolios in Ireland.
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Monte dei Paschi di Siena (MPS) continues to shed its non-performing exposures, selling a €455m portfolio to Cerberus on Wednesday following the sale of €690m to Illimity on Tuesday.
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Banca Monte dei Paschi di Siena (MPS) has completed the sale of two portfolios of non-performing and unlikely to pay loans to further derisk its balance sheet and complete a planned restructuring, selling almost €700m to Illimity Bank.
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Clifden IOM No.1, the controversial hedge fund headed by Rizwan Hussain, is being wound up following a court order issued on July 2.
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Charter Mortgages has sold its remaining equity notes in Precise Mortgage Funding 2019-1B to JP Morgan for £6.2m, deconsolidating the RMBS from its balance sheet, the company said on Friday.
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Investment manager Davidson Kempner has enlisted Credit Suisse to act as risk retention holder for the refinancing of the Hawksmoor portfolio, one of the UK’s largest books of legacy mortgages, with Bank of America also committing serious balance sheet to win its joint arranger role.
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A pair of Italian ABS deals set to qualify for the ‘simple, transparent and standardised’ (STS) regulatory label put Italy at the top of the list along with the UK for total public STS issuance.
