Payment holidays set to test CRT provisions

Portfolios referencing loans subject to payment holidays may create a new sub-asset class within the...

Sector developments and company hires

TALF subscription date announced The New York Fed has scheduled the first TALF ABS loan...

A look at the European DataWarehouse's role in the NPL securitisation space

The all too real impacts of the pandemic-driven crisis are already finding their way in to European...

Sector developments and company hires

SME CLO, SRT PD adjustments mooted DBRS Morningstar is considering additional adjustments to refl...

A review of securitisation activity over the past seven days

Last week's stories Auto ABS boost European ABS market update Drafting issues The potential...

Sector developments and company hires

Conflict of interest charge settled The US SEC has charged Morningstar Credit Ratings for violating...

Covid-19 modelling challenges persist

Banks are running simulations in an effort to address the credit risk modelling challenges of the co...

BMO launches capital relief trade

Bank of Montreal has finalised a US$132m five-year financial guarantee dubbed Manitoulin Muskoka Ser...

Amendments mitigate forbearance impact

A number of UK securitisation issuers are enhancing their deals to mitigate the negative impact on r...

Sector developments and company hires

TALF CLO rules clarified The US Federal Reserve has clarified its CLO eligibility rules for TALF. I...

Sector developments and company hires

SFSF investments disclosed The AOFM has disclosed the recent investments it has made under the Stru...

Assia Damianova, special counsel at Cadwalader, Wickersham & Taft LLP, considers the potenti...

CRTs typically consist of a credit transfer instrument entered into between the credit institution a...

Preferential capital treatment mooted for STS synthetics

The EBA’s framework for STS synthetic securitisations (SCI 6 May) is broadly in line with...

Recent limitations on liability leave unanswered questions for mortgage servicers

The 21 April FHFA announcement that agency mortgage servicers will have to fund no more than four mo...

CBILS guarantees eligible for CRR recognition

The UK PRA published at the end of April a statement clarifying whether Coronavirus Business Interru...

Global investors target Indian distressed debt

The coronavirus fallout is set to severely impact credit delivery and asset quality in India, with o...