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Europe reacts to unusual RMBS, ABS deals
It has been an interesting couple of weeks in European RMBS and ABS, with noteworthy primary issuanc...
Market Reports 4 July 2013 -
Mixed outlook for legacy RMBS
US RMBS issued between 2005-2008 will continue to benefit from rising home prices, but many risks re...
News Round-up 3 July 2013 -
Nationstar forbearance revisions expected
Nationstar intends to revise the reporting of principal forbearance modifications, resulting in appr...
News Round-up 3 July 2013 -
Asia managing partner poached
Michelle Taylor and her team have joined Jones Day's banking & finance group in Hong Kong. S...
Job Swaps 2 July 2013 -
Subprime survives trading drop-off
It was a quiet start to the holiday week in the US as the market moves into the third quarter. Non-a...
Market Reports 2 July 2013 -
Strong performance for post-crisis GSE loans
US mortgage loans recently acquired by Fannie Mae and Freddie Mac will outperform historical levels,...
News Round-up 2 July 2013 -
ResCap reorganisation approved
The plan support agreement (PSA) entered into by Ally Financial, Residential Capital and ResCap's ma...
Job Swaps 2 July 2013 -
REIT reliance on repo highlighted
Fitch has published a report focusing on mortgage REITs that invest primarily in fixed rate agency M...
News Round-up 2 July 2013 -
Corporate real estate vp added
Lauren Hedvat has joined Goldman Sachs in New York as corporate real estate transactions vp, reporti...
Job Swaps 2 July 2013 -
Patrimonio modifications eyed
The loan modification programme that Patrimonio plans to implement in connection with eleven Mexican...
News Round-up 1 July 2013 -
Reconciliation transfer concerns raised
Some US RMBS servicers are shifting custodial account reconciliation items to their internal corpora...
News Round-up 1 July 2013 -
SCI Start the Week - 1 July
A look at the major activity in structured finance over the past seven days
PipelineCLOs led the way last week, both in terms of new additions to the pipeline and deal prints....
News 1 July 2013 -
Minimal negative equity seen in Aussie RMBS
Prepayments and higher house prices have helped stop loan-to-value (LTV) ratios in the Australian mo...
News Round-up 28 June 2013 -
Servicer sustainability questioned
The sale of over US$500bn in unpaid principal balance (UPB) of mortgage servicing rights (MSRs) to n...
News Round-up 28 June 2013 -
Casting nets
Hunt for relative value puts range of options on the table
European primary issuance may have been patchy this year, but liquidity in the secondary market has...
News Analysis 28 June 2013 -
Shifting sands
European securitisation market seeks stability
The first half of 2013 has seen significant changes in the European ABS market's investor base, issu...
News Analysis 27 June 2013