Latest news
Latest news
Two lenders entering administration should signal to others: simplify the industry
News could lead bank funding to dry up, after strong run of demand in private market
L&G's head of portfolio management on everything equity release after debut deal
More articles
More articles
-
Spanish and Portuguese banks lead their European peers in buying back their own mortgage-backed securities to raise their capital, which also can serve as collateral for loans from the European Central Bank.
-
Market officials say sterling-denominated deals will be “a very important sector” in the face of sustained eurozone uncertainty during the second half of 2012, as U.K. lender Virgin Money rounded off a busy June by pricing its Gosforth 2012-1 residential mortgage-backed trade. -
The jurisdictional mainstays of the European RMBS primary market, the UK and the Netherlands, both issued deals this week, through Virgin Money and Achmea Hypotheekbank.
-
BBVA has bought back €638m of outstanding ABS across 51 tranches and a gamut of asset classes, while the majority of bonds bought back by Banco Comercial Português were its 2014 floating rate note.
-
UAE housing provider Tamweel is poised to issue a new sukuk at a much tighter price than its previous Islamic deal earlier this year. The deal will also come in tighter than one recently issued by the company’s owner Dubai Islamic Bank.
-
U.S. commercial mortgage-backed securities and collateralized loan obligations have performed better than expected, while residential mortgage-backed securities and real estate collateralized debt obligations have been the worst performing among all structured finance sectors, according to Fitch Ratings.
-
Achmea Hypotheekbank has priced DMPL X, its first Dutch residential mortgage-backed issue in a year, attracting strong investor demand across both tranches.
-
The 'A1' tranche on Achmea Hypotheekbank’s DMPL X prime RMBS transaction came at the tight end of guidance on Wednesday, after demand reached two and a half times the available supply.
-
Virgin Money finished investor meetings in London on Wednesday for its Gosforth 2012-1 RMBS and, on the back of positive feedback, released guidance on Thursday morning.
