Latest news
Latest news
Domivest also priced its Dutch BTL RMBS
The £500m trade is the joint largest non-bank credit card ABS, matched by CoT’s previous deal
Lendco also added a UK BTL RMBS to the pipeline
More articles
More articles
-
Ginnie Mae residential mortgage-backed securities hit historic levels Wednesday, pricing richer in a full day of trading as the market digested moves by the Federal Reserve to keep interest rates at record lows.
-
Fears that a jump in the refinancing index might spark a selloff of government-backed mortgage bonds have been quelled by Federal Reserve Chairman Ben Bernanke’s speech yesterday, analysts told SI.
-
Fitch Ratings has revised its mortgage-loss and cash-flow criteria for several European countries, including Belgium, France, Germany, Greece, Ireland, Italy, Portugal, Spain and the U.K.
-
Fitch Ratings said its updated rating methodology for assessing credit risk of loans in Portuguese residential mortgage-backed securities could result in some negative ratings actions, particularly in lower-rating categories.
-
Redwood Trust is shopping a new residential mortgage-backed securitization of prime jumbo loans, pegged at $300-400 million, larger than the trust’s two previous deals.
-
Northern Rock’s U.K. residential mortgage-backed master trust Granite, the market bellwether for European securitization, saw BBB prices drop Tuesday, as secondary markets continue to be light on liquidity.
-
The $4.5 trillion agency residential mortgage-backed securities market has remained unfazed so far by Standard & Poor’s move to downgrade the government-sponsored enterprises one notch this morning.
-
Senior tranches of European residential mortgage-backed securities and consumer- loan asset-backed securities in Europe are being viewed as a “safe haven” from the fallout of the historic downgrade of the U.S. sovereign by Standard & Poor’s, according to London-based market participants. -
The European asset-backed securities market is seeing a spike in retained deals, with investors expecting more to tap the European Central Bank’s liquidity program in the coming weeks as market uncertainty persists.
