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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 protracted wrangling over a resolution to the Eurozone crisis is holding some issuers in the region back from rolling out new securitizations, according to a London-based asset-backed securities syndicate head at a European investment bank.
  • A new London-based hedge firm will target distressed asset-backed securities in its flagship fund, according to Derivatives Intelligence, an SI sister publication.
  • The U.S. Securities and Exchange Commission’s recent decision to review the status of Real Estate Investment Trusts could signal a move to codify the exemptions and special privileges the REIT structure enjoyed—not the crackdown the industry fears—said Richard Ginn, managing director at Bank of America-Merrill Lynch.
  • BlackRock says securities lending as well as advisory and administration fees helped raise revenue by 6% in the third quarter compared with a year earlier.
  • FICO is teaming up with CoreLogic to upgrade current mortgage credit-risk scoring services.
  • U.K. AAA-rated prime residential mortgage-backed securities generated 0.30% returns in the third quarter, outflanking other assets except for government bonds, while other asset-backed securities indices in Europe fell, according to Henderson Global Investors.
  • Investor pools in European securitizations are slimming down as larger buyers increasingly scoop up bigger parcels of deals.
  • Residential mortgage-backed securities rank first among structured-finance products downgraded in North America in the third quarter by Fitch Ratings but the number dropped sharply from the preceding three months.
  • A new mortgage plan being kicked around between big banks and regulators left ABS East attendees with plenty of questions.