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RMBS

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  • Bayview Financial Friday priced its $101 million, fixed-rate residential mortgage-backed securitization of non-performing loans.
  • The European Banking Authority has set out its proposals on how liquid assets—including high-quality residential mortgage-backed securities—should be defined under the Liquidity Coverage Ratio’s implementation in the EU next year.
  • ING Bank has preplaced the senior €1.365bn ($1.825bn) class ‘A’ tranche from its Orange Lion 2013-9, only the third time that bonds from the Dutch residential mortgage-backed securities programme has been sold to investors, and just a month after the previous trade in the series.
  • Residential mortgage servicer and real estate investment trust Bayview Financial is expected to price tomorrow a private placement of non-performing residential mortgage securities.
  • ING Bank has preplaced the senior EUR1.365 billion ($1.825 billion) class A tranche from its Orange Lion 2013-9, only the third time that bonds from the Dutch residential mortgage-backed securities program has been sold to investors, and just a month after the previous trade in the series.
  • Mill Valley, Calif.-based Redwood Trust this week is marketing its third residential mortgage-backed securitization this year, a $600.21 million Sequoia Mortgage Trust 2013-3, underpinned by Redwood’s signature pool of prime, jumbo resi loans.
  • SNS Bank has redeemed all of the outstanding bonds in Hermes 14 RMBS and is now turning its attention to another call date in March.
  • SNS Bank has redeemed all of the outstanding bonds in Hermes 14 RMBS. It is now turning its attention to another call date in March, and plans to retain a new Lowland RMBS after annual results are published in April.
  • Santa Ana, Calif.-based Carrington Mortgage Holding Friday morning priced STWH 2013-NPL1, a $260 million securitization of non-performing residential mortgages.