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Asset manager beefs up
Douglas Charleston joined TwentyFour Asset Management last month as a portfolio manager. He has seve...
Job Swaps 6 August 2013 -
Aussie swap risk highlighted
Moody's notes in its latest Structured Thinking Asia Pacific publication that a number of Australian...
News Round-up 5 August 2013 -
Pending civil charges disclosed
Bank of America has disclosed in an SEC quarterly filing that the US Department of Justice and other...
Job Swaps 5 August 2013 -
SCI Start the Week - 5 August
A look at the major activity in structured finance over the past seven days
Pipeline Three CMBS remained in the pipeline at the end of last week. The transactions comprised: U...
News 5 August 2013 -
STACR stacks up
Risk-sharing programme to aid RMBS price discovery
Freddie Mac upsized and priced its inaugural risk-sharing transaction last week (SCI 17 July). The s...
News Analysis 2 August 2013 -
Counterparty conundrums
Investors, issuers adapting to swap-related dilemmas
Given the difficulty of replacing counterparties and expense of posting collateral for cashflow secu...
News Analysis 2 August 2013 -
Fannie risk-sharing deal on the cards
National Mortgage Insurance Corporation has agreed to insure approximately US$5bn in residential mor...
News Round-up 2 August 2013 -
Price indexation lifts Aussie WALTV
Fitch has introduced property price indexation to its Australian RMBS criteria, assessing indexed pr...
News Round-up 1 August 2013 -
Lower advances weigh on GMAC bonds
Ocwen's acquisition of the servicing portfolio of GMAC Mortgage is said to be credit negative for re...
News Round-up 1 August 2013 -
ABX recovery estimates up
Improving collateral pool performance has led to an increase in Moody's principal recovery estimates...
News Round-up 31 July 2013 -
Eminent domain action slammed
SIFMA says it strongly opposes the City of Richmond, California's notification of 32 trustees and se...
News Round-up 31 July 2013 -
MTM losses weigh on Reg XXX deal
Fitch has affirmed and subsequently withdrawn the ratings of Ballantyne Re's class A1 (double-C), B1...
News Round-up 30 July 2013 -
Structured products head hired
Western Asset has recruited Anup Agarwal as head of structured products, based in Pasadena. He has 1...
Job Swaps 30 July 2013 -
US housing recovery impact analysed
The US housing recovery will help to cut losses on RMBS mortgage pools in existing transactions, but...
News Round-up 29 July 2013 -
Euro RMBS hit by counterparty downgrades
S&P has downgraded 181 tranches in 62 European RMBS transactions, following the lowering of...
News Round-up 29 July 2013 -
Euro house prices to keep falling
S&P anticipates that house prices will keep falling in most European markets this year, as t...
News Round-up 29 July 2013