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  • Australia’s Suncorp Bank has gone ahead with an AUD750 million ($762.3 million) new issue from its Apollo residential mortgage-backed securities platform in a deal that will target heavy allocation to U.K. investors.
  • Bill Anast, who ran the agency collateralized mortgage-obligation desk at Barclays, has left the bank. He is said to be heading for JPMorgan.
  • JPMorgan is said to be in the early stages of prepping a follow-up to its first non-agency residential mortgage-backed securitization, this time gauging interest in a sequential deal structure with an emphasis on the last cashflow bonds.
  • JPMorgan is said to be in the early stages of prepping a follow-up to its first non-agency residential mortgage-backed securitization.
  • Macquarie Bank priced the AUD300 million ($310.6 million) residential mortgage securitization originated by Australian building society IMB early Wednesday.
  • Macquarie Bank priced the A$300m ($310.6m) residential mortgage securitisation originated by Australian building society IMB early Wednesday. The three-tranche deal, known as Illawarra Series 2013-1, is backed by a portfolio of first lien residential mortgages originated to borrowers across Australia.
  • Macquarie Bank is arranger and lead manager on a forthcoming AUD300 million ($310 million) residential mortgage securitization originated by Australian building society IMB.
  • Macquarie Bank is arranger and lead manager on a forthcoming A$300m ($310m) residential mortgage securitisation originated by Australian building society IMB. The three-tranche deal, known as Illawarra Series 2013-1, is expected to be launched and priced by the end of this week.
  • The private-label residential mortgage-backed securities market has been losing some of the momentum it saw early in the year, showing signs of softening and seeing practices the collateralized loan obligation and commercial mortgage-backed securities markets turned to in times of volatility to help clear struggling deals.