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EC proposal 'credit positive'
The European Council's proposal to give depositors preference over senior unsecured creditors would...
News Round-up 19 July 2013 -
US home prices up as economies lag
The disconnect between rising home prices and sluggish local economies is particularly wide for many...
News Round-up 19 July 2013 -
Cashflow waterfall template finalised
The Reserve Bank of Australia has published its finalised cashflow waterfall reporting template for...
News Round-up 19 July 2013 -
RMBS 2.0 set to broaden?
The clarification of Basel 3 risk weightings associated with US residential mortgages is expected to...
News Round-up 18 July 2013 -
Watt appointment could bring opportunity
US Representative Mel Watt is strongly tipped to become the next FHFA director. His successful nomin...
News 18 July 2013 -
Sovereign downgrade hits Italian deals
S&P has lowered its credit ratings on 118 tranches in 91 Italian securitisations. The rating...
News Round-up 17 July 2013 -
Risk-sharing deal debuts
The first in a series of hotly-anticipated Freddie Mac risk-sharing transactions (SCI 8 July) has be...
News Round-up 17 July 2013 -
REIT sales exacerbating MBS volatility?
US agency mortgage REITs have had to deleverage by US$29bn in MBS since 31 March, according to Deuts...
News 16 July 2013 -
RMBS dominates quiet session
US secondary RMBS proved the most active sector in an unusually quiet session yesterday. ABS and CMB...
Market Reports 16 July 2013 -
Suit alleges ratings fraud
Liquidators of two Bear Stearns funds have filed a lawsuit in the New York Supreme Court against McG...
Job Swaps 15 July 2013 -
Irish code of conduct 'credit positive'
The Central Bank of Ireland on 1 July introduced a revised code of conduct for lenders, governing ho...
News Round-up 15 July 2013 -
NCUA RMBS action dismissed
A federal court in Kansas has dismissed an action by the NCUA against Barclays Capital as time-barre...
Job Swaps 15 July 2013 -
SCI Start the Week - 15 July
A look at the major activity in structured finance over the past seven days
PipelineThe mix of deals added to the pipeline last week was skewed towards CMBS and CLOs. Only one...
News 15 July 2013 -
RHG takeover bids eyed
Australian lender Pepper has announced an unsolicited bid for RHG (formerly RAMS Home Loans), which...
Job Swaps 12 July 2013 -
Statistical sampling examined
The recent Flagstar (SCI 4 April) and Countrywide (SCI 7 May) rulings indicate an increased willingn...
News Round-up 12 July 2013 -
RBS novation confirmed
Fitch confirms that there is no rating impact following the novation by RBS NV to RBS plc, ABN AMRO...
News Round-up 11 July 2013