Latest news
Latest news
Timeline of collapse that rocked the UK bridging loan market
As well as deals backed by new loans, it will call and refinance 2023 deals
Meanwhile, BNP Paribas hires in structured finance
More articles
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Delinquencies of 30 days or more of mortgages in Australian prime residential mortgage-backed securities rose 42 basis points to a record 1.79% in the first quarter, according to Fitch Ratings.
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Italian lender Banca Popolare di Puglia e Basilicata is preparing to come to market with Media Finance 4, a previously retained €423 million ($691.6 million) residential mortgage-backed securitization.
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UBS has tapped CB Richard Ellis to search for 750,000 square feet of office space in Manhattan, a move officials at the bank said could include relocating the bank’s securitization, larger fixed-income platform and equities teams out of its existing base in Stamford, Conn.
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Lead managers on the latest Dutch RMBS and the new UK non-conforming deals have released guidance, while Yorkshire Building Society’s Brass No 1 is reportedly 1.8 times covered.
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Sorin Capital Management is restructuring a 2006-vintage collateralized debt obligation, Sorin Real Estate CDO III.
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New York Attorney General Eric Schneiderman’s recently expanded probe into mortgage securitization could end up hurting bondholders if principal reductions are part of its resolution, investors say.
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NIBC is keeping securitization in its future funding arsenal, but it is plotting a temperate role in the market.
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The Federal Reserve Bank of New York could offer the rest of the Maiden Lane II portfolio in one large sale after the next offering scheduled for June 6, according to a New York-based investor.
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Fund managers are the biggest buyers of European asset-backed securities this year, but investment banks continue to play a major role in the investor pool, according to Barclays Capital research in London.