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
-
Fitch Ratings has downgraded 489 distressed bonds in 291 U.S. residential mortgage-backed securities from Csf and CCsf to Dsf, indicates the bonds have incurred a principal write-down.
-
Lisa Madigan, the Illinois attorney general, has filed suit against Standard & Poor’s for its role in assigning its highest ratings to “unworthy” mortgage-backed securities in the years leading up to the housing market collapse.
-
Market players at the ASF2012 conference in Las Vegas this morning expressed little concern over President Obama’s State of the Union speech last night, in which he called on Congress to pass legislation allowing homeowners current on their mortgages to refinance.
-
Rabobank and Société Générale, lead managers on Obvion’s Storm 2012-1 Dutch RMBS, are looking at levels for the ‘A1’ notes 5bp-10bp inside the initial 120bp guidance, released on Tuesday.
-
A new collateralized debt obligation of European residential mortgage-backed securities by NJR Invest is raising eyebrows among market participants in the region.
-
Leads Rabobank and Société Générale have published price guidance for Storm 2012-1, a new Dutch RMBS from Rabo subsidiary Obvion.
-
KBC Bank has amended deal documents in Irish RMBS deals Phoenix Funding 2 and 3, to avoid triggering counterparty replacement provisions — exactly what Fitch warned issuers to avoid at the beginning of the year.
-
Credit Suisse has already sold off a “significant portion” of the $7 billion in residential mortgage-backed securities issued by American International Group that it won at a Federal Reserve of New York auction last week.
-
JPMorgan Chase and its acquired Bear Stearns and Washington Mutual units have been slapped against with a lawsuit in connection with residential mortgage-backed securities it sold, this time by John Hancock Life Insurance.