Latest news
Latest news
Investors able to cherry pick deals from wide variety
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
More articles
More articles
-
New York based fixed income manager Semper Capital Management has launched a new Irish-domiciled £35m mutual fund to allow UK and European investors to invest in the firm’s US mortgage backed securities strategy for the first time. -
Monday and Tuesday this week saw two UK buy-to-let RMBS announced, with Monday's Paragon 25 announcement joined on Tuesday by Tower Bridge No.2, the second outing from Belmont Green Finance.
-
Following a long absence from the new issue RMBS market, Ulster Bank Ireland DAC on Thursday announced a mandate for Ardmore Securities N0.1 DAC, a euro denominated Irish Prime RMBS.
-
Following a strong first quarter, April's new issue European ABS pipeline kicked off on Wednesday with the announcement of a $1.15bn French RMBS from Crédit Agricole, FCT Crédit Agricole Habitat 2018.
-
Barclays’ decision to carry on its legacy RMBS fight in 2016, rather than settle as Credit Suisse and Deutsche Bank did, has paid off handsomely, with a $2bn civil settlement for the bank and $2m for the two bankers at the centre of the suit announced last Thursday.
-
Online consumer lender loanDepot is in the market with its first prime jumbo mortgage transaction, bringing a new face to the roster of issuers in a sector that has seen only sporadic activity in recent years.
-
US fixed income firm Angel Oak has hired a former senior vice-president at Canyon Capital to head its efforts in mortgage credit, as investors this week mull the firm’s seventh RMBS deal since 2015.
-
Clifden IOM No.1 boosted its tender offer for 2006 and 2007 vintage RMACS bonds on Monday — the RMBS series still in play in its tussle with sponsors Paratus AMC. This was closely followed by the pricing of the £400m RMAC No.1, which refinances the bonds Clifden failed to amend earlier this month.
-
Wells Fargo Securities has named two new co-heads of its mortgage finance group, which covers warehousing and term financing for originators and investors in residential real estate loans and securities.
