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
-
A difficult market backdrop for issuance led to low coverage ratios and mixed pricing results in the primary market this week. Santander Consumer UK had to offer up a larger premium than it initially intended to get Motor UK auto ABS away, although BNP Paribas Personal Finance was able to price in line with guidance.
-
BNP Paribas Personal Finance beat out deteriorating conditions to price its €1bn Phedina Hypotheken 2013-1 Dutch residential mortgage-backed deal in line with earlier guidance. Widespread softening has caused other new issue paper to print wider than anticipated this week.
-
Australian lender Bendigo & Adelaide Bank has unveiled its second residential mortgage securitization of the year.
-
BNP Paribas Personal Finance beat out deteriorating conditions to price its EUR1 billion ($1.33 billion) Phedina Hypotheken 2013-1 Dutch residential mortgage-backed deal in line with earlier guidance.
-
BNP Paribas Personal Finance released initial guidance on its Dutch residential mortgage-backed trade Phedina Hypotheken 2013-1— the first Phedina trade in two years — on Tuesday morning.
-
New legislation in Spain that is designed to make it harder to evict mortgage borrowers is set to lower recoveries on defaulted loans, with a small deterioration in RMBS credit performance likely to follow, says rating agency Standard & Poor’s.
-
Royal Bank of Scotland’s Irish subsidiary, Ulster Bank, is looking to buy back around €1.25bn of outstanding Celtic Residential Irish Mortgage Securitisation notes in what will be the first tender for the bonds since May 2011. -
BNP Paribas Personal Finance released initial guidance on its Dutch residential mortgage-backed trade Phedina Hypotheken 2013-1—the first Phedina trade in two years—on Tuesday morning.
-
The surge in bids-wanted-in-competition (BWIC) lists has continued this week, with a diverse list of residential and commercial mortgage-backed securities and collateralized loan obligations scheduled for Wednesday.
