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Servicer advances 'attractive' despite headline risk
Ocwen and HLSS last week announced that they will restate their financial statements for 2013 and 1Q...
News 19 August 2014 -
SCI Start the Week - 18 August
A look at the major activity in structured finance over the past seven days
PipelineOnly a handful of deals joined the pipeline last week amid the summer lull. Of these transac...
News 18 August 2014 -
Servicing 'hubs' identified
The top seven cities for US commercial servicing operations are Kansas City, Charlotte, Dallas, Miam...
News Round-up 15 August 2014 -
RFC issued on servicer advance approach
S&P is requesting comments on proposed changes to the methodology and assumptions it uses to...
News Round-up 15 August 2014 -
RFC issued on RMBS update
Moody's is requesting feedback on a proposed update to its approach to rating US prime RMBS. A new v...
News Round-up 14 August 2014 -
Backing away
Canadian government reducing RMBS role
Private RMBS has traditionally only constituted a small part of Canadian residential mortgage fundin...
News Analysis 14 August 2014 -
Further capital charge reductions for Solvency 2
Fitch reports that under the latest revisions to Solvency 2, capital charges for type 1 securitisati...
News Round-up 14 August 2014 -
Euro markets unexpectedly busy
Weakness in the broader financial markets brought volatility to the European ABS sector last week. A...
Market Reports 13 August 2014 -
RFC issued on single GSE security
The FHFA has released a request for input on the proposed structure for a single security that would...
News Round-up 13 August 2014 -
Rates impact weighed
With FN 4.5s prices nearing their all-time highs, the US agency RMBS sector appears to be at a tippi...
News 12 August 2014 -
RMBS activity centres on seniors
It was a fairly quiet session across the board yesterday, although US non-agency RMBS bid-list suppl...
Market Reports 12 August 2014 -
BBVA distressed loans understated
Fitch has downgraded 10 and affirmed three tranches from three BBVA RMBS deals, after it found that...
News Round-up 12 August 2014 -
RFC issued on RPL approach
Fitch is inviting feedback on its approach for rating RMBS backed by re-performing loan (RPL) collat...
News Round-up 12 August 2014 -
Association urges PLS support
SIFMA has responded to a request for comment from the US Treasury on the development of a functionin...
News Round-up 11 August 2014 -
SFIG proposal 'positive' for RMBS
SFIG's proposal to increase standardisation and transparency in the US RMBS market (SCI 7 August) is...
News Round-up 8 August 2014 -
Volatility weighs on hedge fund performance
Aggregate hedge fund performance was negative at -0.35% in July, the industry's fourth down month of...
News Round-up 8 August 2014