Latest news
Latest news
The £500m trade is the joint largest non-bank credit card ABS, matched by CoT’s previous deal
Lendco also added a UK BTL RMBS to the pipeline
This is the second RMBS deal from the PIF-backed issuer
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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.
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Several investment banks are said to be approaching investors for bids on the final $6.7 billion piece of the Federal Reserve Bank of New York’s Maiden Lane II portfolio.
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U.S. Bankruptcy Judge James Peck of Manhattan has granted a request by Lehman Brothers to cut $35 billion from claims by big banks relating to residential mortgage-backed securities.
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HSH Nordbank has filed suit against Barclays in New York in connection with the sale of $122.7 million in residential mortgage-backed securities to the German lender.
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Morgan Stanley Investment Management has held a final close of its Morgan Stanley Opportunistic Mortgage Income Fund at more than $450 million.
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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.
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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.
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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.
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The macroeconomic situation may weaken collateral performance in U.K. residential mortgage-backed securities, according to Standard & Poor’s.