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
-
US insurance company MetLife is stepping into the RMBS market for the first time with a reperforming loan deal, the latest insurer to eye attractive spreads in the securitization market to finance mortgage portfolios. -
Goldman Sachs and Pimco have won the bidding war for a €1.8bn book of Irish tracker mortgages owned by Danske Bank, a deal which could deliver one of the largest post-crisis securitizations from the country if taken out in the public market.
-
Rabobank has sold a €600m book of mortgages to La Banque Postale.
-
Yorkshire Building Society sold a prime RMBS deal on Friday, retaining £2bn of a £2.3bn tranche of senior notes and placing £300m with investors.
-
RMBS issuers have flocked to the primary market this week, with five deals hitting the pipeline through Wednesday across a range of asset types, including a new structure from Freddie Mac, a second prime jumbo deal from AIG, and a rare mortgage insurance deal from Arch Capital.
-
Euro ABS investors flocked to an Irish RMBS deal from Permanent TSB that was priced on Wednesday, with the bonds well oversubscribed throughout the capital stack.
-
Freddie Mac priced a new iteration of its credit risk transfer (CRT) residential mortgage-backed securities (RMBS) product on Thursday, with investors saying that the agency CRT market is becoming the most liquid and tradeable way of accessing US housing credit.
-
Asking prices for London property fell by 2.5% annually in October, reflecting a growing belief among UK mortgage lenders and investors that the capital’s property boom is slowing, though there is little panic among RMBS market participants.
-
Yorkshire Building Society is selling its first RMBS of the year, continuing the steady surge in UK prime issuance seen since the summer.
