Latest news
Latest news
Master trust to finance Rothesay’s purchase of HSBC’s French mortgage book
BMW also priced its UK prime auto ABS
The €500m deal uses a master trust structure
More articles
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The UK government publicly praised a deal between fintech firm LendInvest and National Australia Bank (NAB), applauding a £200m investment by the bank in the online buy-to-let mortgage lender. -
Intesa Sanpaolo and Prelios have formed a partnership focusing on unlikely-to-pay (UTP) loans, a subset of the non-performing loan sector, aiming to securitize a €3bn portfolio of UTP loans made to small and medium sized enterprises.
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After an explosive report this week by British newspaper The Times accusing Al Rayan Bank of funding extremist groups, investors in the UK Islamic bank’s sukuk RMBS say they have little concern over the prospects for the bonds.
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Hoist Finance has transferred an Italian NPL portfolio of €225m to a special purpose vehicle, taking the first step towards issuing an unrated securitization.
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Paul Byrne, the treasurer who helped structure the first additional tier one (AT1) gender equality bond, is joining Quartech, the asset manager of HomeOptions, an ESG not-for-profit firm that aims to challenge private equity funds purchasing mortgage portfolios in Ireland.
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Monte dei Paschi di Siena (MPS) continues to shed its non-performing exposures, selling a €455m portfolio to Cerberus on Wednesday following the sale of €690m to Illimity on Tuesday.
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Banca Monte dei Paschi di Siena (MPS) has completed the sale of two portfolios of non-performing and unlikely to pay loans to further derisk its balance sheet and complete a planned restructuring, selling almost €700m to Illimity Bank.
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Clifden IOM No.1, the controversial hedge fund headed by Rizwan Hussain, is being wound up following a court order issued on July 2.
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Charter Mortgages has sold its remaining equity notes in Precise Mortgage Funding 2019-1B to JP Morgan for £6.2m, deconsolidating the RMBS from its balance sheet, the company said on Friday.
