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
-
Smaller regional banks in Italy are opting to tap the residential mortgage-backed securities market for funding for the first time, moving away from interbank borrowing and covered bond markets.
-
BNP Paribas will fully retain its EUR935 million ($1.27 billion) French residential mortgage-backed securitization, FCT Domos 2011-A, as public RMBS issuance in the region remains light in the early part of the fourth quarter.
-
Wakefield Advisors has filed to launch a managed futures fund of funds that will invests 75% of its assets in fixed-income securities, including mortgage- and asset-backed securities and collateralized mortgage obligations, called Wakefield Managed Futures Strategy Fund.
-
Recent fast prepayment speeds, coupled with macroeconomic woes, mean agency residential mortgage-backed securities investors need to watch out for volatility, Barclays Capital analysts warned in a recent client note.
-
The Royal Bank of Scotland has preplaced the first six classes of its new $5.59 billion prime, U.K. residential mortgage-backed securitization, Arran Funding 2011-2, with U.S. bank treasury accounts.
-
Scottish lender Clydesdale Bank, a subsidiary of National Australia Bank, has launched and retained an £829 million ($1.29 billion) buy-to-let residential mortgage-backed securities issue, Lannraig Master Issuer 2011-1.
-
Big banks are making inquiries at rating agencies with an eye to begin regular issuance of residential mortgage-backed securities, according to a rating agency official.
-
The Federal Reserve made public Thursday the details of its first round of agency residential mortgage-backed securities buys under the new Operation Twist Initiative.
-
Belgian lender KBC Bank is testing the waters after a three-year hiatus with a EUR3.5 billion ($4.7 billion) securitization of residential mortgage loans in Belgium, Loan Invest 2011.