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
-
As the UK’s banks and building societies retreat from public wholesale funding markets, opportunistic overseas covered bond and RMBS issuers are piling into the sterling market to take advantage of pent up demand, write Bill Thornhill and David Bell. -
With total lending to UK households growing at its fastest pace since the global financial crisis, and house price appreciation continuing to outstrip household income growth, the Bank of England has urged mortgage lenders to maintain prudent underwriting standards.
-
Insurers and pension funds have doubled their holdings of Dutch whole mortgage loans over the past six years, which has raised concerns among securitization market players, though a recent report from the Dutch central bank said that this is a healthy trend.
-
Non-performing loan securitization is being pushed as a solution to Europe’s banking woes. The market has potential, but expecting a wave of issuance, rather than a trickle of piecemeal deals, is misguided.
-
A Lone Star sponsored vehicle sold €297m of RMBS paper backed by Irish non-performing and performing mortgages on Monday, in a privately placed deal.
-
A Lone Star sponsored securitization of nonperforming and performing Irish mortgages has emerged, alongside a new UK reperforming mortgage deal from US private equity firm Cerberus Capital Management's Towd Point shelf.
-
Nationale-Nederlanden Bank (NN Bank) is prepping a securitization of a pool of €1.17bn Dutch residential mortgages, its first public RMBS transaction since October last year.
-
Former General Motors subsidiary Ally Financial has settled its long-running case with the US Department of Justice over its sale of mortgage securities through Residential Capital LLC in the run-up to the financial crisis.
-
The first deal from the UK government’s £3.5bn private rented sector (PRS) guarantee scheme has been sold to investors.
