Latest news
Latest news
The acquisition was announced a day before Lendco priced its Atlas securitization
Non-qualified mortgage securitizer is bringing third deal of year for $424m
BINOM shelf used for latest deal
More articles
More articles
-
A Lone Star investment vehicle has mandated banks to arrange a new Irish RMBS deal backed by performing and re-performing mortgages. -
JP Morgan has not given up on issuing a risk transfer RMBS deal that achieves balance sheet relief, despite its first attempts being shot down by the US Office of the Currency Comptroller (OCC) last month.
-
Federal Reserve chair Janet Yellen has given a clear indication that the central bank is set to raise interest rates this month, but the reaction in fixed income markets has been muted with investors not convinced it is a sign of an aggressive hiking strategy this year.
-
Non-conforming Swedish lender BlueStep Bank sold its fourth RMBS deal on Thursday, with both euro and Swedish krone notes placed with investors.
-
Angel Oak, an originator of non-prime and non-qualified mortgages, is marketing its first rated non-QM deal, a $146.47m transaction backed by 529 loans with a weighted average borrowers credit score of 698.
-
The positive track record of the government-sponsored enterprises’ credit risk transfer programmes could result in less urgency among market players to reform Fannie Mae and Freddie Mac, according to speakers on a panel at SFIG Vegas.
-
Rising home prices are leading to lower rates of mortgage defaults, but an increasing number of borrowers taking out home equity loans could offset strengthening housing fundamentals, said market participants this week.
-
Bullish talk from the Federal Reserve on interest rate hikes points to a “live meeting” in March, raising concerns about the supply of mortgage-backed securitization (MBS).
-
Fitch Ratings weighed in on the increasingly tense debate about the spread of weighted average coupon caps in European securitization, publishing a note on Friday that cautioned investors about the structures but acknowledged that they helped deals get higher ratings with less collateral.
