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RMBS

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  • FIG
    Rabobank and Société Générale will shortly begin roadshows for a Eu943.5m Dutch RMBS for Rabobank’s subsidiary Obvion.
  • FIG
    NIBC Bank on Wednesday priced a Eu750m RMBS, Dutch MBS XV. While the shorter tranche priced at the tight end of guidance, the issuer paid up for the longer dated tranche, which came 5bp wide of guidance.
  • FIG
    NIBC Bank on Wednesday priced a Eu750m RMBS, Dutch MBS XV. While the shorter tranche priced at the tight end of guidance, the issuer paid up for the longer dated tranche which came 5bp wide of guidance.
  • Connecticut’s Attorney General Richard Blumenthal has followed through on a promise made in November 2009 to bring lawsuits against the rating agencies, accusing Moody’s and Standard & Poor’s of breaching the state’s Unfair Trade Practices Act.
  • FIG
    Crédit Agricole and Credit Suisse are marketing a Eu750m RMBS for NIBC Bank — the firm’s first public deal since well before the credit crisis.
  • FIG
    Santander’s Alliance & Leicester arm made a successful return to the RMBS market last Friday when it increased Fosse Master Issuer 2010-1 from an indicative £1bn equivalent to £1.42bn.
  • FIG
    Crédit Agricole and Credit Suisse are marketing a Eu750m RMBS for NIBC Bank, the firm’s first public deal since well before the credit crisis.
  • FIG
    Santander’s Alliance & Leicester arm made a successful return to the RMBS market on Friday afternoon when it increased Fosse Master Issuer 2010-1 from £1bn to £1.42bn.
  • FIG
    Fast track loans are 60% less likely to default than fully income verified loans, according to loan level analysis by Fitch of 700,000 prime mortgages in arrears in UK RMBS and 70,000 repossessed non-conforming loans.