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
-
Redwood Trust’s latest residential mortgage-backed securitization, Sequoia Mortgage Trust 2011-2, was slated to include collateral from online mortgage lender Quicken Loans, but the loans were pulled before the deal hit the market, according to an official involved in the transaction.
-
The default or impairment rates of global investment-grade structured-finance securities rated by Fitch Ratings slipped below 2010 levels in the first six months of the year, according to the credit rating agency.
-
Bonds in prime U.K. residential mortgage-backed securitizations are meeting their redemption dates at their earliest call date, but non-conforming and buy-to-let U.K. RMBS are facing later redemptions, signaling a split in the sector.
-
JPMorgan climbed three notches to lead global asset-backed securities bookrunning in the third quarter, pushing out $2.96 billion in new deals, according to data from Dealogic.
-
A federal judge in New Mexico has denied a motion by Standard & Poor’s, Moody’s Investors Service and Fitch Ratings to dismiss a class action against them charging that they made false claims relating to securities backed by mortgages issued by Thornburg Mortgage.
-
Defaults are rare among top-rated, global short-term corporate and structured finance issues, according to Fitch Ratings.
-
Banks that exited the government’s Troubled Asset Relief Program in late 2009 were able to do so without meeting strict Federal Reserve repayment criteria, leaving them in a weaker capital position to withstand future crises, according to an audit by the special inspector general for TARP.
-
Bank of America faces another two lawsuits involving residential mortgage-backed securities it sold.
-
Primary issuance of European securitization reached EUR212 billion ($281.8 billion) as the market entered the fourth quarter, with London-based analysts anticipating further deals despite the tough market environment.