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Ratings reviewed for swap linkage
Moody's has placed on review for downgrade the ratings of 150 notes in 48 RMBS, 17 notes in 14 ABS a...
News Round-up 15 November 2013 -
Further Richmond case dismissed
US District Court Judge Charles Breyer last week issued an order in the Bank of New York Mellon v. C...
News Round-up 14 November 2013 -
Structured salesman joins in NY
Brian Bowes has joined StormHarbour Securities in a structured products sales role in New York. He c...
Job Swaps 14 November 2013 -
GSE profitability set to continue
Fannie Mae and Freddie Mac are expected to show strong profitability over the next few years, as the...
News Round-up 14 November 2013 -
Credit manager adds RMBS director
400 Capital Management has appointed Jason Yeung as agency RMBS trading director. He will lead the f...
Job Swaps 14 November 2013 -
Asian market prospects 'steady'
The strong performance of the ABS, CLO, CMBS and RMBS markets in Asia ex-Japan will continue next ye...
News Round-up 14 November 2013 -
Euro RMBS activity picking up
Activity has picked up in the European RMBS market. Primary issuance is being well received while BW...
Market Reports 13 November 2013 -
Southwest adds RMBS pro
Southwest Securities has added Martin Baxter as svp in its RMBS sales group. He brings more than 25...
Job Swaps 13 November 2013 -
Dutch mortgage market changes examined
Recent actions by the Dutch government will likely reduce origination of NHG-backed mortgages, chief...
News Round-up 13 November 2013 -
QM exposure draft released
Fitch expects the Bureau of Consumer Financial Protection's (CFPB) Ability-to-Repay (ATR) and Qualif...
News Round-up 13 November 2013 -
Loss severity improvements lagging
US RMBS loss severities have not improved at the rate that might be expected from recent home price...
News Round-up 12 November 2013 -
Hedge fund returns rising
Hedge fund returns rose by an average of 1.5% in October, according to eVestment. The industry is on...
News Round-up 12 November 2013 -
APRA plots securitisation overhaul
The Australian Prudential Regulation Authority (APRA) plans to reform its securitisation rules by 20...
News Round-up 12 November 2013 -
US RMBS BWIC supply stays strong
US non-agency RMBS BWIC volume approached US$850m in yesterday's session, with SCI's PriceABS data r...
Market Reports 8 November 2013 -
RBS settles subprime RMBS charge
The US SEC has charged RBS Securities with misleading investors in a 2007 subprime RMBS offering. RB...
Job Swaps 8 November 2013 -
Countrywide objections dropped
The Boston, Chicago and Indianapolis Federal Home Loan Banks and two Cranberry Park entities have dr...
News Round-up 7 November 2013