-
MILAN introduced in Mexico
Moody's has updated its approach to rating Mexican RMBS. The adoption of the new methodology won't r...
News Round-up 3 June 2013 -
Delayed write-downs hit RMBS
More than US$1bn of losses have been retroactively recognised on 170 US RMBS. The result of mortgage...
News Round-up 3 June 2013 -
ULC proposal criticised
The American Securitization Forum has submitted a comment letter in response to the Uniform Law Comm...
News Round-up 3 June 2013 -
SCI Start the Week - 3 June
A look at the major activity in structured finance over the past seven days
Pipeline It has been another busy week for the pipeline, with ABS, RMBS, CMBS and CLO transactions...
News 3 June 2013 -
Bluestone clerical error rectified
The principal balance of mortgages assigned at closing for the Bluestone 2005, Bluestone 2006 and Bl...
News Round-up 31 May 2013 -
HAMP gets two-year extension
The Making Home Affordable Program has been extended from 31 December 2013 to 31 December 2015. The...
News Round-up 31 May 2013 -
FHFA suit settled
The FHFA and Citi have reached a settlement in connection with a suit FHFA filed on 2 September 2011...
Job Swaps 31 May 2013 -
Euro ABS mandates minted
Cervus Capital Partners has launched two European ABS mandates: European Amortising ABS Mandate I an...
Job Swaps 31 May 2013 -
Highly anticipated RMBS list arrives
A US$8.5bn 256 line-item BWIC of non-agency bonds hit the US RMBS market yesterday. It was sold in f...
Market Reports 31 May 2013 -
Buy-back targets mezz bonds
UCI has launched a fixed price tender offer for 11 Spanish RMBS tranches from across the UCI 10 to U...
News Round-up 30 May 2013 -
New name for investment firm
UCM Partners is rebranding as Semper Capital Management, effective from 1 June. The firm's senior ma...
Job Swaps 30 May 2013 -
Short sales trump loan mods
The remedy of choice for underperforming residential mortgage loans has undergone a sea-change of so...
News Round-up 29 May 2013 -
Better RMBS data provides Irish guidance
The European DataWarehouse (ED) is benefitting sectors that had previously suffered from a paucity o...
News 29 May 2013 -
MILAN methodology updated
Moody's has updated its methodology for rating RMBS using the MILAN framework, including the introdu...
News Round-up 29 May 2013 -
Home price warning issued
Fitch believes the recent US home price gains recorded in several residential markets are outpacing...
News Round-up 29 May 2013 -
Self-employed IO loan concentration examined
Moody's expects self-employed borrowers' exposure to current UK economic weakness not to have a sign...
News Round-up 29 May 2013