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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

  • Several investment banks are said to be approaching investors this week for bids on the final $6.7 billion piece of the Federal Reserve Bank of New York’s Maiden Lane II portfolio.
  • Market players say timing and the extent of guarantee fee increases are the big questions looming in the Federal Housing Finance Agency’s plan to build a single mortgage-backed securities platform for the government sponsored enterprises.
  • The impact of debt forgiveness proposed by the Irish government on the nation’s residential mortgage-backed securities market is “highly uncertain,” according to Fitch Ratings.
  • The macroeconomic situation may weaken collateral performance in U.K. residential mortgage-backed securities, according to Standard & Poor’s.
  • The outlook for collateral performance of Dutch residential mortgage-backed securities remain stable, according to Moody’s Investors Service, after it reported several positive trends in the fourth quarter, include a decline in 60-plus day delinquencies.
  • The percentage of loans in commercial mortgage-backed securities linked to retail buildings in the past six months reached almost 50%, compared with 27% four years ago, according to JPMorgan Chase.
  • Ireland’s Sealink Funding has filed additional lawsuits against several big banks, including JPMorgan Chase, Citigroup and Bank of America, over $949 million in residential mortgage-backed securities.
  • Trading in Europe’s secondary asset-backed securities market has been somewhat muted this week, with prices in Northern Rock’s Granite residential mortgage-backed vehicle —the region’s market bellwether—reportedly remaining settled, traders said.
  • Clydesdale Bank will seek to further tap the residential mortgage-backed securities market—possibly in the U.S.—this year after returning with a privately-placed issue, Lanark Master Issuer 2012-1, this week.