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
-
Leads on Lloyds Banking Group’s Permanent 2011-2 RMBS have more than $2.75bn of orders for the new deal, which should be priced early on Wednesday afternoon.
-
In the days leading up to the rollout of the new Home Affordable Refinance Program, a crew of U.S. Federal Reserve Governors hinted at future quantitative easing and residential mortgage-backed securities buys, a move the market is taking seriously on the heels of Operation Twist’s surprise inclusion of agency mortgage bonds.
-
UBS faces lawsuits relating to an estimated $45 billion in original face value of U.S. residential mortgage-backed securities in which it served as either underwriter or issuer, according to the Swiss bank’s third-quarter earnings report.
-
U.S. District Judge Mariana Pfaelzer of Los Angeles has barred Allstate from pursuing federal securities law claims against Countrywide Financial for losses the insurer claims from residential mortgage-backed securities sold by the lender.
-
Lloyds Banking Group is returning to the public securitization market with a new issue from its U.K. residential mortgage-backed master trust shelf, Permanent.
-
Announcement of the government’s proposed mortgage refinance program sent prices on mortgage-backed securities issued by Fannie Mae and Freddie Mac sharply lower.
-
The U.S. Department of the Treasury has met with major bond dealers for their input on a possible offer of floating-rate notes, the agency’s first new inflation-linked security in 14 years.
-
California Attorney General Kamala Harris is said to have hit Bank of America with a subpoena for information related to its mortgage-backed securities practices.
-
The changes to the Home Affordable Refinance Program that deal with which mortgages are eligible for refis might have a limited effect, but the extension of HARP until 2013 should encourage more servicers to offer HARP refis, according to Matt Jozoff, head of residential mortgage-backed security research at JPMorgan.