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Fixed income vet enlisted
Michael Blum has joined the fixed income team at Brean Capital in New York, where he will report to...
Job Swaps 15 May 2013 -
Foreclosure legal risk highlighted
A borrower in California has successfully obtained an injunction against a foreclosure sale on his p...
News Round-up 14 May 2013 -
ResCap agreement given more time
The US Bankruptcy Court last week granted ResCap an additional 30 days (to 6 June) to file a Chapter...
Job Swaps 14 May 2013 -
Countrywide hearing on track
Objector discovery has commenced in preparation for the 30 May hearing in the New York State Court o...
News Round-up 14 May 2013 -
Freddie embarks on portfolio sales
Freddie Mac is said to have put out a US$1bn bid-list, as it embarks on a sale of up to US$5bn in le...
News Round-up 14 May 2013 -
Weaker performance forecast for UK BTL
The continued growth of the UK buy-to-let (BTL) market could lead to weaker future performance of th...
News Round-up 14 May 2013 -
DOJ fraud case to proceed
The US Department of Justice is set to proceed with its action against Bank of America in connection...
Job Swaps 13 May 2013 -
MTS branches out stateside
European electronic fixed income marketplace MTS plans to launch a platform for US institutional inv...
News Round-up 13 May 2013 -
National, MBIA Inc ratings raised
S&P has raised its financial strength rating on National Public Finance Guarantee Corp to si...
News Round-up 13 May 2013 -
Affordable housing to hit Sofoles RMBS?
Fitch warns that Mexican President Pena Nieto's affordable housing policies may have negative conseq...
News Round-up 10 May 2013 -
Distressed inventory trends examined
An analysis of Morningstar's Distressed Inventory Index suggests that over a one-year time period ov...
News Round-up 10 May 2013 -
Eurosail judgements confirmed
The UK Supreme Court has handed down judgement on the Eurosail-UK 2007-3BL case, upholding previous...
News 10 May 2013 -
Wells notice disclosed
RBS has disclosed in its 1Q13 Interim Management Statement that it received a Wells notice from the...
Job Swaps 9 May 2013 -
MBIA ratings upgraded
S&P has raised its financial strength rating on MBIA Insurance Corp to single-B from triple-...
News Round-up 9 May 2013 -
Spanish special servicer established
Copernicus, a new Spanish special servicer, has been established to help clients deal with the count...
Job Swaps 9 May 2013 -
Shelly Mac poised for issuance
The US SEC has declared effective a shelf registration statement filed by Shellpoint Partners last O...
News Round-up 9 May 2013