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Peripheral possibilities
Peripheral RMBS relative value explored
The recently announced €1bn-plus Berica ABS 3 RMBS transaction has piqued investor interes...
News Analysis 23 June 2014 -
Granite ratings upgraded
Fitch has upgraded 78 tranches of the Granite Master Trust programme and three tranches of the Whins...
News Round-up 23 June 2014 -
Derivative actions filed against trustees
A number of large institutional investors last week sued six RMBS trustees in New York state court f...
Job Swaps 23 June 2014 -
PLS suit settlement announced
The FHFA has reached a US$99.5m settlement with RBS to resolve claims alleging RBS violated federal...
Job Swaps 23 June 2014 -
Servicing pro appointed
Krupali Mehta has joined Link Financial Group. She will lead the backup servicing team. Mehta spec...
Job Swaps 23 June 2014 -
Tough times
Recruitment quiet as markets squeezed
The tone in structured finance recruitment on each side of the Atlantic is cautious at best. While h...
News Analysis 20 June 2014 -
Credit unions set to securitise
The US National Credit Union Administration Board unanimously approved five items at its sixth sched...
News Round-up 20 June 2014 -
Manager boosts mortgage business
BlueMountain Capital Management has appointed Bob Thomas and Jeff Picron to its mortgage group. The...
Job Swaps 19 June 2014 -
LMI claims indices rolled out
Fitch has introduced new indices to monitor payment rates of claims submitted to lenders' mortgage i...
News Round-up 19 June 2014 -
Lack of trust?
Aussie regulator not rushing master trusts
Australian securitisation activity is on the rise but is not being helped by the attitude of the mar...
News Analysis 19 June 2014 -
RMBS suit dismissed
The Supreme Court of the State of New York last week dismissed a US$450m RMBS lawsuit against Goldma...
Job Swaps 19 June 2014 -
Bid-list boosts RMBS supply
US non-agency RMBS volume picked up yesterday to reach around US$788m, ahead of a US$647m bid-list s...
Market Reports 18 June 2014 -
Investors ignoring Scottish exit risk?
Investors in the UK RMBS market appear to have largely ignored the potential risk of Scotland voting...
News 18 June 2014 -
Russian framework 'credit positive'
The new Russian structured finance legislative platform is credit positive for the country's securit...
News Round-up 18 June 2014 -
Compression trades
European ABS relative value discussed
Spread compression has made identifying relative value in the European ABS market more difficult. Ho...
News Analysis 17 June 2014 -
Bank settlements delayed further
The deadline for acceptance under the proposed JPMorgan rep and warranty settlement has been extende...
News Round-up 17 June 2014