Latest news
Latest news
Blackstone priced its triple-As well inside guidance
The acquisition was announced a day before Lendco priced its Atlas securitization
Non-qualified mortgage securitizer is bringing third deal of year for $424m
More articles
More articles
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Several large US banks are looking to follow in the footsteps of JP Morgan Chase by using the Federal Deposit Insurance Corp's (FDIC) safe harbour rule in securitizing residential mortgages. -
Cerberus Capital Management’s £6.2bn financing of its Granite portfolio has cleared uncertainty for the market, and shown that European securitization can handle serious size — with the help of huge tickets from rarely seen accounts, write Owen Sanderson and David Bell
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Cerberus Capital Management’s launch of a £6.2bn UK RMBS deal — the biggest European ABS sale since the financial crisis — has finally lifted the uncertainty that has been hanging over the UK ABS market since the Granite sale process began a year ago, according to market participants.
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Rabobank has sold a €1bn residential mortgage portfolio to Dutch insurance company Vivat, as regulatory disincentives increase the attractiveness of whole loan sales as a balance sheet relief tool, compared with securitization.
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JP Morgan has priced Chase Mortgage Trust 2016-1, a novel RMBS transaction that involves securitizing some of their own mortgages in a bankruptcy remote structure while also keeping high quality loans on book.
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Mortgage applications are down in the US, according the latest weekly report from the Mortgage Bankers Association (MBA), despite what would normally be viewed as favourable conditions for new home buyers.
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The Depository Trust & Clearing Corporation has teamed up with software company Digital Asset Holdings on a blockchain solution for clearing and settling repurchase agreements.
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Banca Popolare di Bari is to become the first Italian bank to take advantage of the Italian government guarantee scheme for the securitization of non-performing loans, which was launched in January this year. But market participants doubt the scheme will have a real impact, writes David Bell.
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Trading in the US ABS secondary market in March has seen dealers further reduce their holdings across asset classes.
