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
-
Sen. Barbara Boxer (D-Calif.) pitched her controversial mortgage refinancing plan to the Street on Tuesday, but analysts said that even if it is passed, it won’t start the refi wave investors fear.
-
Plain vanilla asset- and mortgage-backed deals are set to comprise the bulk of the structured finance sector for the foreseeable future, according to a study by the Bank of International Settlements, which has called on regulators to push for less product complexity to help boost secondary market liquidity.
-
Three commercial mortgage-backed securities deals totaling $3.7 billion were launched Monday, but traders and investors are not sure the market will be able to absorb so many deals at once.
-
The West Bromwich Building Society may be putting on hold its new residential mortgage-backed securitization, Kenrick 1, as investors grow cautious of new deals amid Europe’s spreading sovereign debt crisis.
-
Hatfield Philips, the European special servicer, said it avoided a fire sale of commercial real estate properties by restructuring the loan on a €940 million portfolio ($1.32 billion) of 100 commercial offices and retail premises in Germany.
-
The Government National Mortgage Association is looking to hire a money manager to manage the agency’s recent influx of global investors and to continue to grow its investor base abroad.
-
Residential Credit Solutions, a Fort Worth, Texas-based servicing firm, wants to issue more residential mortgage-backed securities, but is struggling to find attractively priced collateral, according to an official with knowledge of RCS’ strategy.
-
Top Wall Street banks are preparing to bring to market an estimated $3.7 billion in mortgage-backed securities of an expected total of $10 billion by all banks in the third quarter.
-
Deutsche Bank is said to be planning to offer a $685 million commercial-mortgage backed security linked to a large hotel portfolio of Whitehall Street Real Estate Funds, a unit of Goldman Sachs.