Latest news
Latest news
Meanwhile, BNP Paribas hires in structured finance
Aspire's first deal is a $391.28m non-prime securitization
Two lenders entering administration should signal to others: simplify the industry
More articles
More articles
-
Regional banks and private equity firms smell blood in the air amid negative headwinds for non-bank mortgage servicers, and they're pouncing on the chance to compete for lucrative mortgage servicing rights sold by the largest banks.
-
Investors have been pushing up prices of UK RMBS paper this week, creating a good issuance environment for Clydesdale Bank’s latest Lanark Master Trust transaction, which represents the market’s first prime supply of 2014. -
While pundits have quickly dismissed any chance of legislation to wind down Fannie Mae and Freddie Mac moving forward any time soon, market participants have been quick to scour the proposal to assess how certain interests are faring in Washington. While builders and bankers may be reveling at certain aspects of the proposal, private-label RMBS issuers may be the biggest losers, according to a top securitization banker.
-
Slow trading levels in the secondary market may get a boost this week from Freddie Mac’s $1.15bn bid list for legacy residential mortgage paper, the agency’s latest asset transfer to the private market. The deal is expected to gain traction among real money investors, who have been quiet in recent weeks.
-
Aegon was able to price its latest Saecure prime RMBS transaction at the tight end of final guidance on Tuesday, despite surprising some rival syndicators with the size of the deal.
-
Regional banks and private equity firms smell blood in the air amid negative headwinds for non-bank mortgage servicers, and they're pouncing on the chance to compete for lucrative mortgage servicing rights sold by the largest banks.
-
Aegon may price its Saecure 14 RMBS trade as early as Monday afternoon, kicking off a week that could see the market for prime RMBS tested for the first time this year with three trades.
-
Paragon has received a boost in its bid to issue up to three RMBS transactions this year, with healthy demand for the mezzanine tranches of Paragon 19 bringing more than 30 investors into the trade.
-
UK buy-to-let mortgage specialist Paragon enjoyed an enthusiastic response from investors for its latest Paragon Mortgages RMBS, which will be priced on Friday.
