Latest news
Latest news
US market remains the model as template issuance takes shape
Deal is backed by three data centers in Virginia, Illinois and Atlanta
Tightest CMBS print in nearly a year ahead of Yondr data centre ABS debut
More articles
-
Dutch residential mortgage-backed issuance is expected to outstrip the historically larger U.K. prime RMBS market this year, London-based securitization bankers said.
-
Losses are expected to reach €170m-€180m for the Countrywide Kaufland loan in the Epic (Drummond) synthetic CMBS, according to Barclays CMBS analyst Christian Aufsatz. The forecast means even class ‘A’ noteholders face the prospect of suffering principal losses.
-
Investors on both sides of the Atlantic are ramping up their interest in German multi-family CMBS, driving spreads for senior bonds in Grand (German Residential Asset Note Distributor) back to par. However, Deutsche Bank could beat any new German multi-family supply to market with a new Chiswick Park CMBS.
-
Spanish lender Cajamar Caja Rural is preparing the first securitization tender offer of the year, with a plan to repurchase nine residential mortgage-backed bonds and one tranche of a small-to-medium enterprise collateralized loan obligations from bondholders.
-
Deutsche Bank is looking to hit the market with a new set of commercial mortgage-backed securities backed by a new loan on the Chiswick Park business park in west London, prepaying the bonds from its Deco 2011-Chiswick Park deal.
-
U.K. non-conforming residential mortgage-backed securities could see a sharp divergence between stronger credits in securitized paper and less well-bid names.
-
Price talk on Redwood Trust’s latest residential mortgage-backed securities deal is said to have widened out from previous transactions this year, but market players say they don’t expect to see the Mill Valley, Calif.-based real estate investment trust retreat from its big issuance plans for 2013.
-
In an effort to eliminate the infamous abuses of repurchase agreement sale accounting illustrated by the demises of Lehman Brothers and MF Global, the Financial Accounting Standards Board reached a decision on Oct. 13, 2012 to restrict collateral providers in repo agreements from treating such transactions as sales. But FASB’s proposed accounting change threatens to make the Federal Reserve’s eventual exit of the latest round of quantitative easing much riskier. -
The Nationwide Building Society Pension Fund invested a total of £150 million ($223.02 million) in residential mortgage-backed securities at the end of last year.
