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
-
Joint venture Dwell Finance is joining the ranks of institutional lenders originating middle market loans to home rental investors, but it plans to offer loans much smaller than other similar lenders, such as those owned by Blackstone, Cerberus, and Colony Capital.
-
New performance data on Blackstone’s inaugural home rental securitization shows higher vacancy and delinquency rates than underwriters accounted for, but the levels are still line with, or below, what rating agencies estimated.
-
Dutch mortgage provider Obvion has decided to kick off this year’s issuance from its Storm RMBS platform with a private placement that is due to be priced on Wednesday.
-
Dutch mortgage provider Obvion has decided to kick off this year’s issuance from its Storm RMBS platform with a private placement that is due to be priced on Wednesday.
-
House Republicans have filed a bill to consider capital requirements for non-bank mortgage servicers, in the latest public scrutiny of firms such as Ocwen Financial.
-
A study commissioned by the European securitization industry has found that non-mortgage backed asset-backed securities, such as auto loan securitizations, have better liquidity than covered bonds when liquidity is measured mainly by bid-ask spreads rather than trading turnover.
-
Securitization market participants are looking at legal precedents to determine whether a powerful New York regulator may ultimately allow the sale of $2.7 billion in mortgage servicing rights from Wells Fargo to Ocwen Financial.
-
The sluggish start to the year in the ABS primary market is set to continue into February, with only a trickle of mandates on the horizon. UK issuers moving away from the cheap liquidity of the Funding for Lending Scheme may prefer to use the covered bond market over RMBS, said syndicate bankers.
-
Institutional investors are turning their attention to residential mortgage portfolios on the core part of banks’ balance sheets, say European investors. Higher yields and regulatory incentives for the buyers are aligning with pressure on banks to meet more stringent capital requirements, giving whole loan mortgage sales an unprecedented appeal.