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
-
Northern Rock’s U.K. residential mortgage-backed master trust Granite, the market bellwether for European securitization, saw BBB prices drop Tuesday, as secondary markets continue to be light on liquidity.
-
Credit default swap spreads on U.S. banks widened sharply on issues relating to federal government support of the financial institutions following Standard & Poor’s downgrade of U.S. sovereign debt.
-
BlackRock is looking to acquire U.S. agency mortgage-backed securities after Standard & Poor’s downgraded the nation’s sovereign debt, according to Rick Rieder, the investment manager’s cio of fixed income, fundamental portfolios. “
-
Ocwen Financial is planning to launch a new business that will securitize mortgages originated by Lender One.
-
Morgan Stanley said it will pay up to $1.7 billion in damages in four cases related to subprime mortgage-backed securities it structured in 2006 and 2007.
-
The $4.5 trillion agency residential mortgage-backed securities market has remained unfazed so far by Standard & Poor’s move to downgrade the government-sponsored enterprises one notch this morning.
-
Senior tranches of European residential mortgage-backed securities and consumer- loan asset-backed securities in Europe are being viewed as a “safe haven” from the fallout of the historic downgrade of the U.S. sovereign by Standard & Poor’s, according to London-based market participants. -
The European asset-backed securities market is seeing a spike in retained deals, with investors expecting more to tap the European Central Bank’s liquidity program in the coming weeks as market uncertainty persists.
-
American International Group has become the latest firm to sue Bank of America-Merrill Lynch and its Countrywide Financial unit over losses it claims from investments in mortgage-backed securities.
