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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 -
Trading vet moves on
Southwest Securities has appointed George Smith as svp in its taxable fixed income division in New Y...
Job Swaps 26 June 2013 -
Secondary traders seek Spanish tranches
There was a Spanish flavour to yesterday's European ABS secondary trading, with a number of auto bon...
Market Reports 26 June 2013 -
Mortgage settlement progress reported
The monitor of the US$25bn National Mortgage Settlement last week released an update on the performa...
News Round-up 26 June 2013 -
RMBS settlement agreement reached
Assured Guaranty and Flagstar Bank have entered into a settlement agreement concerning Assured Guara...
Job Swaps 25 June 2013 -
Rep and warranty criteria updated
Fitch has updated its criteria for analysing representations and warranties and enforcement mechanis...
News Round-up 25 June 2013 -
ABS fastest out of the blocks
US ABS secondary volume has started the week strongly, helping to compensate for lower levels in non...
Market Reports 25 June 2013 -
Mortgage market reforms recommended
The Mortgage Bankers Association (MBA) has released a concept paper outlining steps to ensure mortga...
News Round-up 25 June 2013 -
Eminent domain move slammed
The City Council of North Las Vegas has entered into an advisory agreement with Mortgage Resolution...
News Round-up 21 June 2013 -
SAFT 2013-1 origination scrutinised
Moody's has assessed New Penn Financial as a below average originator of prime jumbo residential mor...
News Round-up 21 June 2013 -
German insolvency amendment 'credit negative'
The German parliament last month passed an act amending the personal insolvency regime, shortening t...
News Round-up 20 June 2013 -
UK regional divergence continues
UK mortgage arrears and negative equity continue to diverge regionally, according to S&P. Th...
News Round-up 20 June 2013 -
Tail risk action underway
Moody's has placed the ratings of 1079 tranches from 299 US RMBS shifting interest/pro-rata transact...
News Round-up 20 June 2013 -
Aussie RMBS on review
Moody's has published a secondary methodology describing its monitoring approach to assess tail risk...
News Round-up 20 June 2013 -
MSR sale velocity examined
Ocwen intends to purchase US$78bn in unpaid principal balance of OneWest Bank mortgage servicing rig...
News 20 June 2013 -
FHFA complaint dismissed
The New York Supreme Court has dismissed a FHFA complaint against UBS Real Estate Securities in conn...
Job Swaps 20 June 2013