Latest news
Latest news
This is the second RMBS deal from the PIF-backed issuer
Volkswagen also added a UK auto ABS to the primary
Invictus, Annaly, JP Morgan to print a billion dollars each next week
More articles
More articles
-
Fitch Ratings said its updated rating methodology for assessing credit risk of loans in Portuguese residential mortgage-backed securities could result in some negative ratings actions, particularly in lower-rating categories.
-
Redwood Trust is shopping a new residential mortgage-backed securitization of prime jumbo loans, pegged at $300-400 million, larger than the trust’s two previous deals.
-
Northern Rock’s U.K. residential mortgage-backed master trust Granite, the market bellwether for European securitization, saw BBB prices drop Tuesday, as secondary markets continue to be light on liquidity.
-
The $4.5 trillion agency residential mortgage-backed securities market has remained unfazed so far by Standard & Poor’s move to downgrade the government-sponsored enterprises one notch this morning.
-
Senior tranches of European residential mortgage-backed securities and consumer- loan asset-backed securities in Europe are being viewed as a “safe haven” from the fallout of the historic downgrade of the U.S. sovereign by Standard & Poor’s, according to London-based market participants. -
The European asset-backed securities market is seeing a spike in retained deals, with investors expecting more to tap the European Central Bank’s liquidity program in the coming weeks as market uncertainty persists.
-
Agency residential mortgage-backed securities yields ticked up 15 basis points Friday morning, amid ultra-low Treasury yields and a historic crash in equities Thursday.
-
Friary No. 1, the debut RMBS from Welsh building society Principality Finance, proves that primary supply can still come out in ABS when wider credit markets are collapsing.
-
BlackRock Advisors should seek out a single, top-tier buyer to take on the residual $20 billion in legacy American International Group collateral held by the Federal Reserve Bank of New York’s Maiden Lane II portfolio, according to two portfolio managers.
