Latest news
Latest news
UK lender has placed €1.5bn of Dutch prime RMBS paper this year, doubling its annual issuance
Dutch mortgage provider launches its second public RMBS of the year
Newcastle is marketing a prime RMBS, while Enra offers a first charge non-conforming RMBS
More articles
More articles
-
Citi has added the new role of head of RMBS distribution to its mortgage and credit structuring business.
-
Dutch lender Aegon Hypotheken has opened books and released initial price thoughts for Saecure 15, a prime RMBS that is backed by a high proportion of guaranteed mortgage loans. This will be the first RMBS since details of the European Central Bank’s ABS purchase programme were announced, and could prove a litmus test of prospective demand. -
Premium Point Investment’s securitization conduit WinWater Home Mortgage is marketing its second securitization since its launch in 2013. Credit enhancement was too low for Kroll Bond Ratings Agency to assign preliminary ratings in two of the deal’s tranches.
-
The Bank of England has set out new powers that would allow its UK regulators to restrict residential mortgage lending, including in the buy-to-let market, to “protect and enhance” financial stability.
-
Dutch insurer and mortgage lender Aegon will look to emulate the success of compatriot Obvion in the RMBS market next week after mandating banks to conduct roadshows for the latest trade from its Saecure platform. Obvion set a post-crisis record tight with its latest Storm RMBS last week as investors piled into European ABS in anticipation of the European Central Bank making purchases.
-
Concerns around the performance of rapidly growing special mortgage servicing firms in the US grew again this week, as the Consumer Financial Protection Bureau (CFPB) took the unprecedented step of prohibiting Flagstar Bank from taking on any more mortgage servicing rights (MSRs) for delinquent loans, alongside a $37.5m enforcement order.
-
The Bank of England has set out new powers that would allow its UK regulators to restrict residential mortgage lending, including in the buy-to-let market, to “protect and enhance” financial stability.
-
JP Morgan Mortgage Trust’s planned $483.56m jumbo RMBS issue is backed entirely by adjustable rate mortgages. The deal has raised concerns over the potential for payment shock to cause defaults in the loans.
-
The Consumer Financial Protection Bureau wants to make written complaints public on its online consumer complaints database. Unsurprisingly, the Mortgage Bankers Association objects. But when online customer reviews have empowered consumers in other sectors, why should the banking industry get special treatment?
