Latest news
Latest news
Acquisition will enhance origination and servicing platform capacity, says buyer
First time two Candide trades have been offered in one year since 2008
How securitization can help high LTV mortgage lending, and why is the CLO market so busy
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B2Holding, the Oslo-based debt purchasing and servicing firm, has printed a new €200m senior unsecured 2024 at 635bp over three month Euribor, using the cash to buy back older issues. It plans a new secured bond later this year to fund rapid expansion plans.
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Bank of America Merrill Lynch has been mandated for a new UK RMBS transaction for specialist lender Precise Mortgages, with all tranches on offer referencing the sterling overnight index average (Sonia).
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Specialist lender Domivest is bringing a Dutch RMBS via Citibank and Macquarie Bank backed by performing buy-to-let (BTL) mortgages.
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UK challenger bank Shawbrook is issuing a prime UK buy-to-let RMBS comprised of first-lien mortgages via sole arranger Lloyds. The deal is the first securitization to come from Shawbrook and will be the second non-retained deal linked to the sterling overnight index average benchmark (Sonia).
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Freddie Mac on Tuesday opened an exchange that will allow investors to trade eligible Freddie Mac securities for TBA-eligible Uniform Mortgage Backed Securities Mirror Certificates, which will be fungible with the new GSE security that will see Fannie Mae and Freddie Mac’s markets merge into one.
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Caixa Económica Montepio Geral is to bring Ares Lusitani, the second issuance of Portuguese non-performing loans (NPLs), with JP Morgan arranging the €70m deal backed by residential and commercial properties located in Portugal.
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Ginnie Mae announced on Friday that it was considering making changes to its loan eligibility rulebook, as the government agency looks for new solutions to crack down on a continued pattern of aggressive refinancing in certain corners of the US mortgage market.
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Greek authorities have begun to implement an enhanced framework to allow mortgage borrowers to keep their homes in a regulatory move that bodes well for future NPL securitization in Greece.
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Paratus AMC is issuing its third UK buy-to-let (BTL) mortgage securitization, Twin Bridges 2019-1, via Natixis.