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
-
Senior bondholders in the legacy Stichting Holland Homes Oranje I and II Dutch residential mortgage-backed securitization are said to have green-lighted plans to restructure the transactions in order to stave off a ratings downgrade.
-
Secondary trading of asset-backed securities began the week lightly, with only Northern Rock’s residential mortgage-backed securities vehicle Granite showing any notable activity.
-
Barclays Capital has teamed up with Fundcore Finance Group to establish a commercial mortgage-backed securities origination and securitization program.
-
Goldman Sachs and Citigroup are bringing back an upsized version of the commercial mortgage-backed security they decided to pull in July after Standard & Poor’s refused to rate it.
-
Some lower-rated commercial mortgage-backed securities are being held by issuers unable to place them with skittish investors.
-
The Federal Housing Finance Agency’s Distressed Asset Recovery Program, in which the regulator would sell off Fannie Mae and Freddie Mac real estate owned houses to investors on the condition they turn them into rental properties, would help U.S. home prices stabilize and could draw big money, according to Dale Westhoff, global head of securitized products research at Credit Suisse.
-
Covered bonds have edged ahead of residential mortgage-backed securities for U.K. banks looking for secured funding this year, although RMBS is still being tipped for a re-emergence, according to London-based securitization analysts.
-
More than $5 billion in consumer asset-backed securities and $2.5 billion in commercial mortgage-backed securities hit the primary U.S. market this week, with investors at the ready to take down the sudden influx of paper.
-
Natixis is rolling out a EUR 5.9 billion ($8.1 billion) mortgage-backed securitization of residential home loans originated in France by lender BPCE Home Loans.