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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

  • DBRS is seeking comment on its proposed loss model and rating methodology for U.S. residential mortgage-backed securities.
  • The U.S Financial Stability Oversight Council has proposed a threshold for determining if a non-bank is systemically important and requires additional oversight.
  • The Conference of State Bank Supervisors, American Association of Mortgage Regulators and National Association of Consumer Credit Administrators have provided mortgage examiners with guidelines for determining whether non-banks licensed by state are complying with the Federal Reserve’s rules for loan-origination compensation.
  • The Mortgage Bankers Association refinancing index nudged up 1% in the past week due to the emergence of 4% mortgage rates several days during the period.
  • Delta Lloyd Group subsidiary Amstelhuys said the completion of its second Dutch residential mortgage-backed deal this year, Arena 2011-2, shows its commitment to the European securitization market, according to Hendrik Jan Luikinga head of securitization at Amstelhuys.
  • Smaller regional banks in Italy are opting to tap the residential mortgage-backed securities market for funding for the first time, moving away from interbank borrowing and covered bond markets.
  • BNP Paribas will fully retain its EUR935 million ($1.27 billion) French residential mortgage-backed securitization, FCT Domos 2011-A, as public RMBS issuance in the region remains light in the early part of the fourth quarter.
  • Wakefield Advisors has filed to launch a managed futures fund of funds that will invests 75% of its assets in fixed-income securities, including mortgage- and asset-backed securities and collateralized mortgage obligations, called Wakefield Managed Futures Strategy Fund.
  • Recent fast prepayment speeds, coupled with macroeconomic woes, mean agency residential mortgage-backed securities investors need to watch out for volatility, Barclays Capital analysts warned in a recent client note.