Latest news
Latest news
Blackstone is targeting a quicker than usual three day execution
Triple-As were priced at 170bp over Sofr, close to guidance
US market remains the model as template issuance takes shape
More articles
-
An attorney for a group of 22 mortgage bond investors involved in a settlement with Bank of America told a federal judge the proposed $8.5 billion mortgage-backed securities pact was very positive.
-
Some investors stayed away from the newest residential mortgage-backed securitization from Redwood Trust, the $368 million Sequoia Mortgage Trust 2011-2, because it carried credit ratings from just one agency, Fitch Ratings.
-
Moody’s Investors Service has downgraded Bank of America, Citigroup and Wells Fargo as a result of the declining probability that the federal government would bail them out again in a future crisis if necessary.
-
The lawsuits filed by the Federal Housing Finance Agency on behalf of Fannie Mae and Freddie Mac against 17 banks over their marketing of mortgage-backed securities are seen as weak.
-
The Association of Financial Guaranty Insurers says Credit Suisse has been misleading by understating its obligation to buy back bad loans packaged into mortgage-backed securities that the Swiss bank issued.
-
VTB24, Russia’s second-largest retail bank, has sold RUR5 billion ($158.9 million) in mortgage-backed securities.
-
JPMorgan is shopping the 144a private, subordinate bonds from its $1 billion commercial mortgage-backed securitization JPMCC 2011-C5.
-
The expected news of U.S. Federal Reserve’s so-called Operation Twist has strategists at the Royal Bank of Scotland urging clients to buy longer-dated agency pass-throughs and collateralized mortgage obligations, a move Jeana Curro’s team said could be smart even if the Fed’s third round of economic stimulus fails to materialize.
-
Redwood Trust is said to have raised the interest rate on the senior class of its $375 million residential mortgage-backed securities deal from 3.6% to 3.9%.