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  • Investors in commercial mortgage-backed securities have become bearish about prospects for the sector over the next 12 months, according to a survey by DLA Piper.
  • 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.
  • Delinquencies of loans in U.S. commercial mortgage-backed securities rose four basis points in September to 9.56%, according to Trepp.
  • Standard & Poor’s has been sued in Australia in what is believed to be the first lawsuit charging a credit ratings agency in connection with its ratings of collateralized debt obligations.
  • TCW Group’s new MetWest Unconstrained Bond Fund plans to invest in mortgage-backed securities among several global fixed-income sectors.
  • 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.
  • Repayment of loans in U.K. commercial mortgage-backed securities inched up in September from 41.1% to 41.7%. according to Fitch Ratings, which attributes the improvement to the fact that only two loans reached maturity during the month.
  • Buysiders in London are welcoming U.K. lender Nationwide Building Society’s new-issuance from its Silverstone residential mortgage-backed master trust.