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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 -
Canadian ABS to remain robust
DBRS notes in its annual review of Canada's structured finance market that the combined effect of co...
News Round-up 21 February 2014 -
Mexican housing outlook examined
Mexico's relatively benign inflation environment and sustainable residential property appreciation r...
News Round-up 21 February 2014 -
Credit fund redemptions persist
Investors allocated an estimated US$4.9bn to hedge funds last month, but performance losses of US$12...
News Round-up 20 February 2014 -
RBS settles Harborview claims
RBS has settled an RMBS class action litigation led by New Jersey Carpenters Health Fund for US$275m...
Job Swaps 20 February 2014 -
RMBS market moves higher
US non-agency RMBS BWIC activity picked up strongly yesterday to reach almost US$900m. Subprime pape...
Market Reports 20 February 2014 -
Purchase loans to boost RMBS
Moody's suggests that lower mortgage refinancing volume could lead to a higher proportion of purchas...
News Round-up 20 February 2014 -
Return to flexible lending welcomed
The Dutch Finance Ministry last month published the minutes of its periodic meeting with the Authori...
News Round-up 19 February 2014 -
Supply squeeze
Spread compression to drive non-core issuance
A supply squeeze in European ABS is driving spread compression across asset classes and between seni...
News Analysis 19 February 2014 -
CMBS commutations announced
MBIA Insurance Corp has disclosed that it commuted policies insuring approximately US$3bn of CMBS ex...
News Round-up 17 February 2014 -
New Russian SPVs highlighted
The official text of Federal Law No. 379-FZ 'On Amendments to Certain Legislative Acts of the Russia...
News Round-up 14 February 2014 -
Final straight for legacy issues?
After some GMAC/RFC deals wrapped by FGIC began to receive settlement payments in the January remitt...
News 14 February 2014 -
Stable outlook for Canadian ABS
Moody's is maintaining its stable outlook for Canadian ABS and RMBS in 2014 because of the improving...
News Round-up 14 February 2014 -
'Broken swap' restructurings progressing
Restructurings are progressing, at different stages, for three UK Lehman RMBS. First, restructurin...
News Round-up 14 February 2014 -
RMBS tender withdrawn
Fir Tree Partners has terminated its cash tender offer for six RMBS (SCI passim). All of the trusts...
News Round-up 14 February 2014 -
Best practices
Noteholder communications, technology and clearing systems discussed
Participants in SCI's latest corporate trust roundtable met in December to discuss post-closing best...
News Analysis 13 February 2014