Uncertainty over CRE values weighs on CRTs

Restructuring credit events in capital relief trades backed by commercial real estate loans will lik...

NPL ABS market growth pending?

The EBA’s opinion (SCI 24 October 2019) and more recently the Basel Committee’s...

Santander completes capital relief trade

Santander has completed a synthetic securitisation of Polish leasing receivables with the EIF. The t...

Sector developments and company hires

CQS portfolio refinanced AnaCap Financial Partners has acquired and refinanced a portfolio of sal...

NPL ABS performance remains volatile

May registered higher collection volumes than April for Italian non-performing loan securitisations,...

Sector developments and company hires

Positive signs for CLOs US CLO manager metrics have begun to improve or stabilise, according to JPM...

Sector developments and company hires

Volcker revision impact modest The impact of the changes made to the Volcker Rule (SCI 26 June) wil...

CRT sector developments and deal news

Details have emerged of three corporate capital relief trades issued by Barclays last month. The ris...

Guarantee programmes hinder SME ABS comparability

European SME ABS comparability is being hindered by the diverging terms and conditions of guaranteed...

BBVA launches capital relief trade

BBVA has completed an €87m mezzanine guarantee with the EIF. Dubbed Vela Four, the transact...

CMBS is still the TALF favourite, but overall take-up could increase

Some 58% of loans requested under TALF 2.0 during the first subscription period, or $145m, were for...

SSPAIN deleveraging highlighted

Scope Ratings has published a monitoring report for Santander’s 2019 US auto significant r...

Borrower relief aids performance

The downward trend of 30-plus delinquency rates for US marketplace lending, auto and credit cards co...

CRT sector developments and deal news

NatWest is rumoured to be readying a capital relief trade backed by mid-market corporate loans for 3...

The next TALF subscription date is July 6, but no fireworks expected

  The second TALF 2.0 subscription period begins on July 6, and it is expected to be even...

CRT origination trends evolving

Investors appear to be able to extract more than they used to during structuring negotiations for ca...