Latest news
Latest news
This is the second RMBS deal from the PIF-backed issuer
Volkswagen also added a UK auto ABS to the primary
Invictus, Annaly, JP Morgan to print a billion dollars each next week
More articles
More articles
-
Tamweel is to revive the Shariah-compliant RMBS sector that it pioneered back in 2007. Owned by Dubai Islamic Bank, the housing financier will issue a US dollar-denominated sukuk backed by cashflows from residential Ijara contracts — Islamic home finance’s lease-to-buy arrangements.
-
Virgin Money is planning to meet accounts next week to discuss a sterling issue from its Gosforth prime RMBS programme.
-
Market officials are concerned the £500 million ($786.1 million) tender offer for subordinate bonds in the Granite, Aire Valley and Whinstone U.K. residential mortgage securitizations could strip out liquidity from the secondary ABS market. -
Mill Valley, Calif.-based Redwood Trust Holdings is hitting the market for the third time this year with a private-label residential mortgage-backed securities deal.
-
Achmea Hypotheekbank has mandated Barclays and Rabobank for a new Dutch residential mortgage-backed issue, DMPL X.
-
Northern Rock Asset Management (NRAM) and Bradford & Bingley (B&B) have announced a £500m buyback of subordinate notes of Granite Mortgages and Granite Master Issuer, two series of Whinstone and three series of Aire Valley RMBS.
-
The Netherlands’ Achmea Hypotheekbank has hired Barclays and Rabobank as lead managers for a new prime RMBS, DMPL X. The borrower will begin a roadshow on Thursday in London. Achmea issued its last DMPL RMBS in June last year.
-
U.K. buy-to-let lender Paragon Mortgages is keen to launch a new issue of residential mortgage-backed securities later in the year, John Harvey, head of structured finance at the firm, told SI Tuesday.
-
Housing finance provider Tamweel, owned by Dubai Islamic Bank, is looking to issue a dollar-denominated sukuk backed by the cashflows from residential Ijara contracts — the lease-to-buy arrangements in Islamic home finance.
