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Another UCI tender underway
UCI has launched a tender offer for nine bonds across six of its RMBS. The bank is offering to buy b...
News Round-up 3 September 2013 -
STACR to receive NAIC designation?
NAIC appears to have abandoned its proposal to alter the process used to derive ratings for RMBS and...
News Round-up 3 September 2013 -
OneWest deals hit by forbearance losses
A number of OneWest-serviced RMBS that were transferred to Ocwen recognised forbearance losses last...
News Round-up 3 September 2013 -
End of Greek moratorium discussed
Lifting the mandatory freeze on repossessions and auctions of debtors' main residences would be posi...
News Round-up 2 September 2013 -
Eminent domain injunction supported
SFIG has filed an amicus curiae brief in support of Wells Fargo's motion for a preliminary injunctio...
News Round-up 2 September 2013 -
NCUA sets sights on Morgan Stanley
The NCUA has filed suit in a federal court in Kansas against Morgan Stanley and other firms, allegin...
Job Swaps 2 September 2013 -
Restructuring to provide UK NC blueprint?
As one of several of Lehman Brothers' UK non-conforming RMBS without a currency swap in place after...
News Round-up 30 August 2013 -
JHF RMBS credit risk up despite lower LTVs
The positive impact on RMBS of the Japan Housing Finance (JHF) lowering its maximum LTV from 100% to...
News Round-up 30 August 2013 -
QRM proposal 'RMBS positive'
The latest proposal on the treatment of qualified residential mortgages (QRM) by six US regulatory a...
News Round-up 30 August 2013 -
Further g-fee rises under consideration
Recent FHFA statements suggest the GSEs could further increase guarantee fees. How far they eventual...
News 29 August 2013 -
Liquidations lead to subprime surge
Subprime paper stole the show as US RMBS non-agency BWIC supply approached US$1bn yesterday. The glu...
Market Reports 28 August 2013 -
Sales put GSEs on course
Since announcing that the GSEs would reduce their less liquid holdings by 5% this year, at least six...
News 28 August 2013 -
Improvement seen in Mexican RMBS
Mexico's RMBS market has slowly caught up with the broader economy in the country, which began to re...
News Round-up 28 August 2013 -
Bank breached RMBS guidelines
JPMorgan has been told to pay Leonard Blavatnik US$42.5m plus interest in a breach of contract lawsu...
Job Swaps 28 August 2013 -
Portuguese RMBS picture improves
The rate of deterioration in Portuguese RMBS collateral eased in 2Q13, according to S&P's la...
News Round-up 27 August 2013 -
Slower RMBS liquidation rates observed
Morningstar projects that it will take 41 months to clear RMBS distressed inventory in the US, given...
News Round-up 23 August 2013