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
-
Basel proposals on how to treat mortgages will hurt Europe’s banks less than feared, according to sources with knowledge of the Basel Committee’s discussions, and other industry insiders at the European Covered Bond Council’s plenary meeting in Düsseldorf this week. -
Permanent TSB has mandated leads for a new Irish RMBS transaction from its Fastnet shelf, backed by a €641m pool of prime residential mortgages.
-
Freddie Mac priced its latest STACR deal at record tight levels, with paper at the top of the stack pricing at 80bp over Libor.
-
The US House Financial Services Committee, has moved to pass the Financial CHOICE bill, a wide ranging reform of the Dodd-Frank Act which would essentially exempt non-RMBS securitized assets from risk retention.
-
The ECB needs to release the regulatory brake on European mortgage markets, said a leading real estate economist at the European Covered Bond Council plenary meeting in Düsseldorf on Wednesday.
-
Kevin Blaney, a former MBS managing director and salesman at Jefferies, has been suspended from the securities industry for three months by the Financial Industry Regulatory Authority (FINRA) for misleading customers.
-
Obvion and CarVal closed Dutch and UK RMBS deals on Thursday, with investors saying the pricing on both transactions offered room for spread tightening in the secondary market.
-
Caliber Home Loans is marketing its second non-qualified mortgage (QM) RMBS deal — only the second non-QM deal to be rated following the financial crisis.
-
New mortgage refinancing programmes for high loan-to-value borrowers, set to come into force in October, will be music to the ears of CRT investors, according to analysts at Moody’s.
