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Euro secondary stronger
After a relatively benign close to last week, today is opening with a stronger tone across the bulk...
SCIWire 15 February 2016 -
Fourth set of FNMA NPLs sold
Fannie Mae has revealed the winning bidders from its fourth NPL sale, whi...
News Round-up 12 February 2016 -
Latest toxic MBS case settled
Morgan Stanley has agreed to pay out on another settlement involving fail...
Job Swaps 12 February 2016 -
Potential PMI boost for RMBS
The recovery of the private mortgage insurance (PMI) industry suggests that there is value to be fou...
News 12 February 2016 -
German loan terms decreasing
Average German residential mortgage loan terms are falling as the amortisation portion of instalment...
News Round-up 12 February 2016 -
Euro secondary slides
Activity and pricing levels are sliding across the European securitisation secondary market. Prime...
SCIWire 12 February 2016 -
Right to return
Non-prime mortgages set for US comeback?
Attempts to reinvigorate the US non-prime RMBS market appear to be gaining traction. However, the se...
News Analysis 11 February 2016 -
Broker-dealer adds RMBS trader
First Empire Securities has hired RMBS trader Richard Liao. He was most recently an agency RMBS trad...
Job Swaps 11 February 2016 -
Euro ABS/MBS switchback
Yesterday was a better day in the European ABS/MBS secondary market, but today looks set to see a sw...
SCIWire 11 February 2016 -
Servicing penalties imposed
The OCC has terminated mortgage servicing-related consent orders against US Bank and Santander, and...
Job Swaps 10 February 2016 -
Florida servicer payments 'credit positive'
The payments made on delinquent loans by servicers in Florida are credit positive for the RMBS backe...
News Round-up 10 February 2016 -
CMBS originations business closed
Redwood Trust is repositioning its commercial mortgage business to focus solely on investing activit...
Job Swaps 10 February 2016 -
CAF 2015-1 workout progressing
The first loan default in the US$251.6m Colony American Finance 2015-1 multi-borrower single-family...
News Round-up 10 February 2016 -
Euro secondary struggles
The European securitisation secondary market continues to struggle amid wider market volatility, but...
SCIWire 10 February 2016 -
Loan loss model changes mooted
Fitch has proposed changes to its US RMBS loan loss model criteria and is seeking market feedback. T...
News Round-up 9 February 2016 -
Euro secondary sidelined
The European securitisation secondary market remains quiet as participants continue sit out wider ma...
SCIWire 9 February 2016