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Greek country ceiling lifted
Fitch and Moody's have implemented positive rating actions on a number of Greek securitisations. The...
News Round-up 5 December 2013 -
Steady RMBS performance predicted
Fitch's 2014 outlook for US RMBS is stable, with home price growth and stable macro conditions expec...
News Round-up 5 December 2013 -
Higher loss severities for non-QM RMBS
US RMBS backed by non-qualified mortgages will incur higher loss severities on defaulted loans than...
News Round-up 5 December 2013 -
Divergent Euro rating outlook
Fitch's rating outlook for European structured finance (SF) transactions is geographically split. Al...
News Round-up 5 December 2013 -
Euro credit quality to remain stable
The credit quality of European ABS and RMBS transactions will remain stable overall in 2014, says Mo...
News Round-up 5 December 2013 -
IABF unwind to begin
The Dutch government intends to start a competitive auction process to sell the non-agency RMBS unde...
News Round-up 5 December 2013 -
Freddie settles BAML claim
Freddie Mac has entered into a settlement agreement with Bank of America concerning the GSE's claims...
Job Swaps 4 December 2013 -
Recourse rankings implemented
Moody's reports that the European housing market remains full recourse in nature in that, following...
News Round-up 4 December 2013 -
Distressed exchange for ESAIL juniors
Fitch has downgraded the single-C rated B1c, C1c and D1c classes of Eurosail-UK 2007-5NP to D, follo...
News Round-up 3 December 2013 -
Stable outlook for APAC ratings, performance
Fitch expects both the ratings and asset sector performance of Asia-Pacific (APAC) structured financ...
News Round-up 3 December 2013 -
Subprime starts RMBS reawakening
Secondary market activity was sluggish across the board to start the week as traders returned to the...
Market Reports 3 December 2013 -
Dutch IO exposure to decline
The exposure of the Dutch RMBS market to full interest-only (IO) loans is moderate, Moody's says. Mo...
News Round-up 2 December 2013 -
New home for Euro ABS trader
Daniel Turner has joined Ellington Management Group as md in London. He takes responsibility for Eur...
Job Swaps 28 November 2013 -
Spanish severities highest in tourist belt
Moody's loss severity calculations on repossessed Spanish properties show highest loss severities on...
News Round-up 28 November 2013 -
Driving disintermediation
Credit availability facing further headwinds?
Global regulatory initiatives are fostering bank disintermediation in the securitisation market. But...
News Analysis 28 November 2013 -
QM standards to limit mortgage credit
The new ability-to-repay (ATR) rule and qualified mortgage standards under the US Truth in Lending A...
News Round-up 27 November 2013