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
-
Dutch residential mortgage-backed deals underpinned by the Nationale Hypotheek Garantie (NHG), a Dutch government program that supports residential home loans, could see a flurry of noteholder meetings this month over proposed restructurings.
-
Springleaf Financial has $12 billion on its balance sheet to securitize and is restarting residential lending efforts, meaning it has the potential to do more deals similar in size to its recent residential mortgage-backed securities deal, Wesley Edens, co-founder of Fortress Investment Group told SI in an interview.
-
Moody’s has kept a slew of Italian RMBS issues on downgrade watch as the agency’s new operational risk rules start to bite.
-
The Federal Reserve Board has levied Goldman Sachs with an enforcement action on Thursday related to the mortgage servicing and foreclosure practices of its Litton Loan Servicing unit, a platform it recently sold to Ocwen Financial Corporation.
-
Lawyers for the parties involved in the put-back lawsuit against Bank of America gathered today for a hearing before Judge William Pauley in the Southern District of New York to ask to move the case back to state court. -
The delinquency rate of loans in U.S. commercial mortgage-backed securities fall 36 basis points to 9.52%, according to Trepp.
-
The average loan on a foreclosed home has not had a payment made in 599 days in July, a new record, according to Lender Processing Services.
-
Europe’s secondary asset-backed securities market has seen a handful of bids-wanted-in-competition, though trading remains light with the main pockets of demand chasing shorter-dated prime residential mortgage-backed securities.
-
Securitization professionals in London are divided on the impact the recent surge in covered bond issuance in Europe will have on the yet-to-reopen asset-backed and residential mortgage-backed securitization markets.
