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
-
Leads Deutsche Bank and Natixis have issued guidance on Achmea’s new Dutch RMBS, DMPL IX, with the two year ‘A1’ class at 95bp-100bp and the five year ‘A2’ class at 140bp.
-
About €2.37 billion ($3.38 billion) is new European securitization are out in the market this week. Two residential mortgage-backed trades are being offered along with a rare, French auto asset-backed deal.
-
Northern Rock has placed £546.1 million ($872.5 million) of A2 notes from its Gosforth Funding 2011-1 residential mortgage-backed deal.
-
Northern Rock has sold the ‘A2’ notes of its debut RMBS, Gosforth Funding, in a semi-private deal with a margin of 160bp.
-
BNP Paribas’s Phedina 2011 RMBS came at levels close to the top programmes in the Dutch market, driven by a large lead order that bought both tranches at the tight end of guidance.
-
Real estate investment trust American Capital Agency (NASDAQ, AGNC) today sold $1 billion in equity, the latest in a string of secondary capital raises among mortgage REITs in the last month.
-
Lower-coupon agency bonds are trading at some of the lowest levels since their inception, Scott Simon, agency mortgage trader at Pacific Investment Management Company, told TS.
-
A severe lack of collateral in the prime residential mortgage market is holding up issuance of new residential mortgage-backed securities, according to William Moliski, managing director at Redwood Trust.
-
Scott Eichel, former co-head of asset- and mortgage-backed securities trading at Bear Stearns, hasn’t looked back since the 85-year-old institution was absorbed by JPMorgan at the height of the subprime mortgage meltdown for just $10 a share.
