Latest news
Latest news
It plans to include transactions backed by second lien fixed rate mortgages originated post-crisis
Public versus private distinction scrapped for disclosure plus new, simplified templates for mature asset classes
Meanwhile, ADMT has set guidance for its $602m non-prime deal
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Greek authorities have begun to implement an enhanced framework to allow mortgage borrowers to keep their homes in a regulatory move that bodes well for future NPL securitization in Greece. -
Paratus AMC is issuing its third UK buy-to-let (BTL) mortgage securitization, Twin Bridges 2019-1, via Natixis.
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Ginnie Mae announced on Tuesday the settlement of an MBS indexed to the secured overnight financing rate (Sofr), as momentum to build an alternative to dollar Libor continues to grow in 2019.
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SC Lowy, a boutique bank headquartered in Hong Kong, has hired Tristan Laurencin as head trader for EMEA loans.
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Spanish bad bank Sareb is reducing NPL portfolio sales in 2019 after increased competition made large sales unprofitable, and is instead focusing on converting NPLs into real estate assets via foreclosure. Tom Brown reports.
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WMC Mortgage LLC, the subprime mortgage origination shop owned by GE Capital since 2004, has officially filed for a Chapter 11 reorganization as its parent company attempts to restructure the business and move past legacy costs tied to the financial crisis.
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After a decade of post-crisis growth and recovery, economic and political uncertainty in the wake of the 2016 Brexit referendum has dented transaction volumes and foreign investments in the UK housing market, but a subset of mortgage originators is still thriving.
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Younited Credit is preparing to issue the €156m Youni 2019-1, the first non-UK marketplace loan securitization to be sold in Europe.
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There were widespread hopes earlier this year that not only would Italy’s Garanzia sulla Cartolarizzazione delle Sofferenze (GACS) scheme be extended, but it would also include a provision for loans classified as unlikely-to-pay (UTP).
