Latest news
Latest news
Deals including some commercial mortgages expected to follow
Deal was priced 6bp tighter than most recent iteration of the asset class
More articles
More articles
-
The governments of the UK and the Netherlands are considering tax changes that will impact buy-to-let (BTL) mortgage origination in each country, hitting the two largest markets for BTL RMBS. -
The Federal Housing Finance Agency (FHFA) has delayed the implementation date of the adverse market refinance fee to December 1, following a wave of criticism from mortgage market participants. With more time to prepare before implementation, sources say the fee is a logical move on the part of the agencies to allow all players in the market to benefit from low mortgage rates, as well as shore up capital to cover losses stemming from the pandemic.
-
ARA Venn has mandated a consortium of banks led by arranger BNP Paribas for Cartesian Residential Mortgages 5, an upcoming prime Dutch RMBS set to be offered publicly, in a sign that primary issuance is returning.
-
The Federal Reserve announced on Thursday that it will allow inflation to run higher than the long running 2% target, a long awaited and historic shift in monetary policy that marks the start of a new era that will enable the Fed to keep rates low for longer.
-
The average level of excess spread in UK RMBS deals has dropped along with interest collections as government enforced payment holidays take their toll on the sector.
-
Rating agencies are reporting a busy pipeline of European securitization issues for the autumn, with a number of UK deals expected in particular, as issuers try to squeeze out deals before the end of government support schemes and the looming Brexit deadline.
-
UK politicians should prepare for mortgage holidays becoming a political hot potato after borrowers who took payment holidays just-in-case realise that their financial well-being may not be as unscathed as they first anticipated.
-
Real estate investment firm Toorak Capital Partners has hired Kevin Tatro as head of asset management and reporting and Stephen Tyde, Jr, as head of special servicing.
-
Deutsche Bank picks pair for healthcare — Rothesay makes moves in US — Barclays announces new ESG positions
