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Richmond ruling appealed
Trustees for investors including BlackRock, PIMCO and DoubleLine Capital are appealing US District J...
News Round-up 24 October 2013 -
FHFA suits progress
The US District Court for the Southern District of New York last week denied a motion by several ban...
Job Swaps 24 October 2013 -
Liquidation timelines continue to extend
Liquidation timelines continue to extend for distressed US RMBS loans, according to Fitch. The agenc...
News Round-up 23 October 2013 -
SAFT 2013-2 shelved
Shellpoint Partners has scrapped its planned Shellpoint Asset Funding Trust 2013-2 RMBS in favour of...
News Round-up 23 October 2013 -
RMBS vet appointed risk solutions director
RiskSpan has named Don Brown as director of risk solutions. He has more than twenty years of trading...
Job Swaps 23 October 2013 -
Pomona eminent domain decision awaited
Further details have emerged about Pomona, California's eminent domain proposal. The plan is the sam...
News Round-up 22 October 2013 -
Investment bank adds CLO vet
Canaccord Genuity has appointed Sam Spackman as a CLO trader, further boosting its structured financ...
Job Swaps 22 October 2013 -
Back-up servicer concentration risk highlighted
The growth of UK RMBS third-party servicer back-up servicing portfolios reflects awareness of the ex...
News Round-up 22 October 2013 -
Revised Mexican reform bill welcomed
Mexico's Lower House of Congress has passed the fiscal reform bill proposed by President Enrique Pe&...
News Round-up 21 October 2013 -
APAC upgrades outweigh downgrades
Upgrades (accounting for 3.7% of total rating actions) outnumbered downgrades (1.8%) across Fitch-ra...
News Round-up 21 October 2013 -
SEC says Octans CDO investors 'misled'
The US SEC has charged Harding Advisory and its owner Wing Chau for misleading investors in a CDO an...
Job Swaps 21 October 2013 -
SCI Start the Week - 21 October
A look at the major activity in structured finance over the past seven days
Pipeline More deals joined the pipeline last week, with each of the asset classes represented. Four...
News 21 October 2013 -
Greek repurchases 'artificially stabilising' arrears
Sponsor bank repurchases of mortgage loans from Greek RMBS deals are reaching high levels, totalling...
News Round-up 18 October 2013 -
Credit bureau move panned
The South African government last month approved the removal of adverse credit information from the...
News Round-up 18 October 2013 -
Credit funds set for largest post-crisis inflow
With concerns of a significant near-term taper by the US Fed removed, investors allocated the most t...
News Round-up 18 October 2013 -
Nevada subprime settlement negotiated
DB Structured Products will pay the state of Nevada US$11.5m as part of an agreement to resolve an i...
Job Swaps 18 October 2013