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Court reinstates RMBS claims
A trial court's decision to dismiss Assured Guaranty Municipal Corp's claims for rescessory and cons...
Job Swaps 5 March 2014 -
Swap error corrected
Moody's has downgraded the ratings of five Granite Master Issuer Series 2006-3 tranches, following a...
News Round-up 3 March 2014 -
Further PLS settlement reached
The FHFA has reached a settlement with Societe Generale and related companies for US$122m. The settl...
Job Swaps 28 February 2014 -
SFR operational risk highlighted
S&P says it is yet to see a single-family rental (SFR) securitisation with the level of cred...
News Round-up 28 February 2014 -
Subprime settlement in the works
Morgan Stanley has disclosed in a regulatory filing that it has reached an agreement in principle wi...
Job Swaps 28 February 2014 -
Increased investor, IO loans 'credit negative'
The increase in the proportion of investor and interest-only (IO) loans in new mortgage originations...
News Round-up 27 February 2014 -
Debut Dutch RMBS marketing
RBS is in the market with the inaugural transaction from Venn Partners' new Dutch RMBS platform (SCI...
News Round-up 27 February 2014 -
Moderating servicer growth 'credit positive'
The New York Department of Financial Services' (DFS) action on Ocwen (SCI 7 February) may signal a b...
News Round-up 27 February 2014 -
STACR percentage test triggered
STACR 2013-DN1 failed its current subordinate percentage test this month and, as a result, the entir...
News Round-up 27 February 2014 -
Spanish sovereign ceiling lifted
Moody's has raised the maximum achievable rating for Spanish structured finance transactions to A1 f...
News Round-up 26 February 2014 -
Ratings vet takes top credit role
Morningstar has appointed Calvin Wong as chief credit officer. He will be based in New York and repo...
Job Swaps 26 February 2014 -
Countrywide wrangling continues
Judge Scarpulla of the New York State Court ruled last week that the judgement entered by Judge Kapn...
News 25 February 2014 -
Syncora warns of liquidity mismatch
Syncora Guarantee has settled its RMBS-related claims with JPMorgan. In return for releases of all o...
Job Swaps 25 February 2014 -
Agency derivatives trader joins
Andy Chang has joined Pierpont Securities from Cantor Fitzgerald to trade agency derivatives. He has...
Job Swaps 25 February 2014 -
Dutch RMBS platform prepped
Venn Partners has acquired a €500m portfolio of Dutch residential mortgages from GE Artesi...
News Round-up 24 February 2014 -
Surge in SFR issuance anticipated
US home rental securitisation issuance is predicted to hit US$5bn this year. The increasing cost of...
News Round-up 21 February 2014