Latest news
Latest news
PRA and FCA go much further than EU in loosening rules
Liberated issuers will still have to follow European regulations if they want to sell in EU
Citi prepares consumer ABS from Abound forward flow
More articles
More articles
-
The recent pricing of WFMBS 2018-1, Wells Fargo's first private-label RMBS deal since the financial crisis, is the tip of the iceberg for big banks mulling how best to get back into mortgage securitization. -
The inaugural French RMBS transaction from Bancassurance group BPCE drew increasingly high levels of demand even as spread guidance tightened, leaving the book well oversubscribed across 34 investors on Thursday.
-
Industry executives and federal regulators descended on Washington DC on Monday for the Mortgage Bankers Association's annual housing finance conference, with an uncertain outlook for US housing in a heated economy providing the backdrop.
-
Fitch Ratings said on Monday that it expects to issue unsolicited ratings more frequently on deals it has not been mandated to rate, as the agency looks to respond to more widespread late-cycle lending behaviour in securitization markets.
-
A pair of UK RMBS deals offering exposure to non-conforming and second lien mortgage pools were sold to investors last Friday, with both deals successfully placed just before a fresh round of Brexit jitters surfaced this week.
-
Janet Yellen, former chairwoman of the Federal Reserve, told attendees at the annual meeting of the Mortgage Bankers Association in Washington DC on Monday that she was expecting US economic growth to slow by 2020 as the central bank raises rates to counter inflation.
-
According to weekly data released by Freddie Mac, the average 30-year fixed-rate mortgage rate jumped 19 basis points over the past week to 4.90 percent, its largest weekly increase since 2016 and the highest level seen in seven years.
-
Wells Fargo filed a 15-G form with the Securities and Exchange Commission on Tuesday, confirming that the bank is set to launch its first private-label residential mortgage-backed security since the financial crisis.
-
The Wall Street Journal reported on Tuesday that Rialto Capital, a financial subsidiary of US home builder Lennar Corporation, may be sold off to Stone Point Capital, a private equity firm with a substantial footprint in the US real estate market.
