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APAC outlook remains stable
Fitch reports that the Asia Pacific structured finance transactions it rates were mostly affirmed in...
News Round-up 17 April 2013 -
Macro weakness skews rating transitions
By end-2012, only 1.37% by original issuance volume of European structured finance notes outstanding...
News Round-up 16 April 2013 -
ResCap creditors seeking suit
Unsecured creditors of ResCap are seeking permission from the bankruptcy court to sue Ally on the ba...
News Round-up 16 April 2013 -
EU ruling 'credit neutral' for Spanish RMBS
The EU Court of Justice last month ruled that the current Spanish mortgage foreclosure process is no...
News Round-up 16 April 2013 -
Spanish mortgage arrears hit highs
Fitch reports that the Spanish mortgage market is deteriorating across many performance measures. Ac...
News Round-up 16 April 2013 -
Short sales dampening loss severities
US RMBS loss severities are expected to continue their slow decline this year due in part to the inc...
News Round-up 16 April 2013 -
TMPG updates margining recommendations
The US Treasury Market Practices Group (TMPG) has updated its recommendation regarding the margining...
News Round-up 16 April 2013 -
HARP gets extension
The Home Affordable Refinance Program (HARP) has been extended by two years to 31 December 2015. The...
News Round-up 15 April 2013 -
Mixed servicer performance in Q4
Total US residential mortgage servicer cure and cash-flowing rate performance was mixed in the fourt...
News Round-up 12 April 2013 -
Further French house price declines forecast
Overvaluations, a lack of liquidity and political efforts to boost housing availability are likely t...
News Round-up 11 April 2013 -
Cash RMBS index launched
Markit has unveiled the Markit iBoxx US Non-Agency RMBS indices, a family of cash bond indices based...
News Round-up 11 April 2013 -
Management outsourcing proposal put forward
Annaly Capital Management is seeking shareholder approval to enter into a management agreement with...
Job Swaps 11 April 2013 -
Gleacher shuts down RMBS group
After spending the second half of 2012 repeatedly strengthening its MBS and rates division (SCI pass...
Job Swaps 11 April 2013 -
AOFM ends RMBS investment
The Australian Office of Financial Management (AOFM) has announced that it will not make any new inv...
News Round-up 10 April 2013 -
Palmer Square boosts credit capabilities
Jeffrey Fox has joined Palmer Square Capital Management from Sandler O'Neill, where he was md respon...
Job Swaps 10 April 2013 -
BoJ boost for CLOs, MBS
The stronger-than-expected quantitative easing announced last week by the Bank of Japan is likely to...
News Round-up 9 April 2013