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
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UniCredit’s flagship non-perfoming loan (NPL) sale, Project Fino — which stands for “failure is not an option” — will only raise 40% of its cash up front, with UniCredit granting Pimco and Fortress, the buyers of the €17.7bn portfolio, more than three years to pay the rest. -
Investors looking to take a punt on the Irish economic recovery should be pleased with strong annual results from the country’s ‘bad bank’, as well as a broad improvement in the domestic housing market.
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The Atlante II fund, the Italian bank-backed investment vehicle tasked with tackling the mountain of Italian non-performing loans, has been given the exclusive right to securitize the €1.6bn portfolio of Banca Monte dei Paschi di Siena (MPS).
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The UK RMBS market is picking up steam following the pricing of the year’s first prime offering from Principality Building Society and a buy-to-let offering backed by prime mortgages.
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The European ABS market shifted to high gear this week, as market participants prepare to head off to Barcelona for Global ABS on June 6.
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Dutch mortgage lender Obvion is marketing its second ever green RMBS transaction, Green Storm 2017, on the back of heavy investor demand for its debut green deal last year.
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There is no easy answer to the non-performing loan problem that continues to weigh on Italian banks, but rather than a lasting solution it's touted to be, the Atlante fund is nothing more than a short term fix.
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Principality Building Society is hitting the market with the first UK prime RMBS deal of 2017 as investors cry out for supply, which has been crippled by the Bank of England’s Term Funding Scheme.
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Fannie Mae and Freddie Mac, the US's government sponsored mortgage giants, plan to ramp up their credit risk transfer programmes by roping in Reit and international investors. Both institutions face their capital buffers being reduced to zero next year, raising the prospect of additional taxpayer burdens, writes David Bell.
