Latest news
Latest news
Blackstone priced its social housing CMBS while Yondr debuted in data centre ABS
Blackstone is targeting a quicker than usual three day execution
Triple-As were priced at 170bp over Sofr, close to guidance
More articles
-
Smaller players in the U.K. and European mortgage sector, such as retail banks and building societies, are being tipped to contribute to a healthy flow of residential mortgage-backed securities issuance this year.
-
Insurance firms have been slowly squeezed out of the prime consumer asset-backed securities market as yields on senior auto and credit card senior bonds have shrunk.
-
As CMBS market participants confront restructurings in legacy deals, servicers are taking a more active approach — meaning a tougher line with borrowers, and more independence.
-
The situation in Japan and the Middle East should have lead to a greater “flight-to-quality,” with investors moving their investments into the safe havens of the consumer credit market, according to traders.
-
US Bancop has been sued by Woodmen of the World, a Nebraska-based insurer, for $47 million in losses it claims from investments in mortgage-backed securities.
-
Jamie Dimon, ceo of JPMorgan Chase, says the largest lenders in the U.S. would unintentionally benefit the most from an exemption of rule under the Dodd-Frank Act requiring banks to retain 5% of the loans they securitize.
-
The Federal Deposit Insurance Corp. said it has paid $8.89 billion to banks that acquired failed financial institutions under loan-sharing agreements that protected buyers from losses associated with loans from those banks.
-
Mortgage debt outstanding for the commercial and multifamily sectors slipped to $2.4 trillion in the fourth quarter, a 0.5% decline from the preceding three-month period, according to the Mortgage Bankers Association.
-
Roughly 30% of U.S. banks have “less than satisfactory” supervisory ratings, according to Patrick Parkinson, the director of the Federal Reserve’s Division of Banking Supervision.