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RMBS

Latest news

Latest news

◆ EU regs plan sparks debate over treatment of secured borrowing ◆ Blistering corporate and FIG issuance but why are premiums rising in one market but not the other? ◆ UK Renters' Rights Act to impact UK buy-to-let RMBS market
New law expected to accelerate the dominance of professional landlords
Together added to the sterling market with a small ticket CRE CMBS
More articles

More articles

  • The growing trend of short sales of distressed residential real estate loans could be positive for residential mortgage-backed securities trusts, according Fitch Ratings.
  • Volcker Rule Delayed Two Years Regulators, including the Federal Reserve, have announced that the effective date of the Volcker Rule has been delayed two years until July 21, 2014.
  • Top executives of major banks said downgrades threatened by Moody’s Investors Service could result in a shift of business to healthier counterparties.
  • Fannie Mae says it issued $7.1 billion of multifamily mortgage-backed securities in the first quarter, a 44% increase from a year earlier.
  • A panel of the House Financial Services Committee has voted 31 to 26 to strip the Dodd-Frank Act of the authority to wind down troubled financial institutions.
  • The number of securitizations backed by non-performing commercial real estate loans is expected to rise as the volume of loans placed in special servicing continues to increase, according to Fitch Ratings.
  • State-owned Bayerische Landesbank has filed suit in New York against Deutsche Bank charging fraud in connection with the sale of $810 million of residential mortgage-backed securities.
  • U.K. lender Coventry Building Society is preparing to come to market with its first securitization of prime residential mortgages, Leofric No. 1.
  • Mark Pappas, the head of Gleacher & Co.’s mortgage finance unit, has reportedly left the firm in recent weeks.