Latest news
Latest news
Liberated issuers will still have to follow European regulations if they want to sell in EU
Citi prepares consumer ABS from Abound forward flow
It plans to include transactions backed by second lien fixed rate mortgages originated post-crisis
More articles
More articles
-
Ocwen warned RMBS trustees on Thursday that forced transfers of its mortgage servicing rights would result in accelerated recoveries and would not be in the best interest of RMBS trusts. Market participants expect the beleaguered mega-servicer to hold on to most of its private-label MSRs, though. -
Bank of America Merrill Lynch and Deutsche Bank are set to price four tranches of non-conforming UK RMBS notes from the restructured Lehman Brothers Eurosail-UK 2007-4BL transaction on Friday, which bankers said would appeal to a shallow but yield hungry sterling buyer base.
-
Multiple areas of risks and comparatively tight spreads could discourage investors from lower tranches in single-family rental securitizations, despite new opportunities in the senior tranches of the deals.
-
Bank of America Merrill Lynch and Deutsche Bank are set to price four tranches of non-conforming UK RMBS notes from the restructured Lehman Brothers Eurosail-UK 2007-4BL transaction on Friday, which bankers said would appeal to a shallow but yield hungry sterling buyer base.
-
WinWater Mortgage is the latest in a group of jumbo RMBS issuers marketing new deals this week. Issuers are not expected to have much trouble launching their deals as investors, who struggled to get their hands on new paper last year, prepare for an increase in new RMBS issuance this year.
-
Standard & Poor’s $1.37bn settlement with the Department of Justice over the agency’s crisis-era RMBS ratings might have resulted in a flurry of class action fraud cases against S&P, had the settlement been reached earlier.
-
The rising number of distressed loans in some of Banca Popolare di Vicenza’s more seasoned mortgage portfolios has prompted Fitch to downgrade two tranches of notes in the Berica RMBS series, which made a comeback to fresh primary issuance last year.
-
Freddie Mac’s last STACR issuance had lowered expectations that the Federal Housing Finance Agency (FHFA) would reduce its guarantee fees, but the deal could just be an aberration from the norm.
-
William Shuey has joined Opus Capital Markets Consultants as the due diligence provider’s director of securitization. He will oversee securitization processes with a focus on RMBS compliance, Opus announced on Monday.
