Latest news
Latest news
UK lender has placed €1.5bn of Dutch prime RMBS paper this year, doubling its annual issuance
Dutch mortgage provider launches its second public RMBS of the year
Newcastle is marketing a prime RMBS, while Enra offers a first charge non-conforming RMBS
More articles
More articles
-
The UK RMBS pipeline is building in October, with first time issuer Belmont Green tapping two banks for a new offering. -
US Bank has held onto a chunk of cash in a pre-crisis Lehman Brothers RMBS deal of which it is a trustee to pay potential legal costs relating to the bonds, three months after a similar move from Wells Fargo rocked the market.
-
The ABS market has two Italian trade to consider this week, one a secondary re-offer of an RMBS transaction from Banco Populari di Bari and the other the latest in Agos Ducato’s Sunrise consumer loan series, with both issuers looking to take advantage of rampant demand and tight pricing conditions.
-
Second charge mortgage lending is growing rapidly in the UK, with market sources expecting it to become more common in UK RMBS transactions this year.
-
The debut public RMBS from Together Finance, formerly Jerrold Holdings, saw strong levels of oversubscription and tight pricing across the capital stack, once again strong demand and favourable pricing available for issuers in the securitization markets.
-
Santander UK’s master trust securitization was greeted with acclaim this week as it became the latest issuer to return to the securitization market ahead of the expiry of the Bank of England’s term funding scheme (TFS) next year.
-
Before the Bank of England’s easy money schemes, UK issuers were reliant upon a deeper base of US buyers to get deals over the line. With the end in sight for the BoE’s Term Funding Scheme (TFS), sellers are looking to restore the link between the US and the UK markets to support sterling issuance.
-
Virgin Money’s first prime UK RMBS deal of the year was well received by domestic buyers, but demand was particularly healthy in the US, with the dollar tranche of the deal heavily oversubscribed.
-
Virgin Money's new UK RMBS, Gosforth Funding 2017-1, saw strong demand for both sterling and dollars in its new deal, despite much of the US market heading to Miami for IMN's ABS East conference.
