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
-
A number of the assets in a defaulted portfolio loan in Barclays Capital’s debut synthetic commercial mortgage-backed securitization, Eclipse 2007-2 (Juno), have sold in a liquidation sale, with the larger parcel fetching a 170% premium above the latest valuation and the remainder attracting a 25% increase.
-
JPMorgan has floated price guidance for the publicly registered tranches of its upcoming $1 billion commercial mortgage-backed securitization, but has held off on details of the offering’s lower-rated tranches.
-
Executives at Two Harbors Investment Corporation, a real estate investment trust, aren’t worried about new rules proposed by the Securities and Exchange Commission that threaten to wipe away the sector’s coveted tax exemption and ability to lever.
-
Morgan Stanley and Bank of America have priced MSC 2011-C3, a $1.5 billion commercial mortgage-backed securities deal, tightening pricing on the offering’s AAA-rated $291.1 million 10-year A4 bonds by 10 basis points from the low end of revised guidance.
-
The U.K. prime residential mortgage-backed securities sector is expecting a boost following the successful pricing Wednesday of Santander U.K.’s Holmes 2011-3.
-
If a government-sponsored refinancing wave swept the residential mortgage-backed securities market, it could translate to a 20-25 basis point hike in RMBS yields, according to JPMorgan analysts.
-
Santander U.K.’s new issue from its U.K. residential mortgage-backed securities trust Holmes has priced, testing the reboot of Europe’s public securitization market after months of scant activity. -
Redwood Trust’s latest residential mortgage-backed securities transaction hit the market Wednesday, with Fitch Ratings assigning the bulk of the $357.20 million publicly offered notes AAA ratings.
-
Bingham McCutchen has hired securitization partner Dan Passage away from O’Melveny & Myers to build out the firm’s Los Angeles branch and grow its bench in the esoteric asset-backed securities sector.
