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UK resi loss severities analysed
Loan loss severities on UK repossessed properties have increased substantially alongside the proport...
News Round-up 3 April 2013 -
Freddie loan-level data welcomed
Freddie Mac's public release of historical loan-level performance data on some of the mortgages it o...
News Round-up 3 April 2013 -
New fund formed
Deer Park Road Corp has confirmed the launch of its new ABS fund (SCI 4 December 2012), dubbed Burge...
News Round-up 3 April 2013 -
ARMOUR appoints strategy chief
ARMOUR Residential Management, which manages ARMOUR Residential REIT and JAVELIN Mortgage Investment...
Job Swaps 3 April 2013 -
Negative rating transitions 'less pervasive'
Credit quality for global structured finance securities fell for the sixth consecutive year in 2012,...
News Round-up 2 April 2013 -
RFC issued on affordable housing criteria
S&P is requesting comments on its proposed methodology for rating US municipal affordable mu...
News Round-up 2 April 2013 -
RMBS servicer transfers analysed
A research report published by Opera Solutions argues that transferring US RMBS portfolios to new se...
News Round-up 2 April 2013 -
SAECURE surprise for Euro RMBS
This week's SAECURE 13 deal seems to have caught many European RMBS traders by surprise, coming out...
Market Reports 28 March 2013 -
Second CRA takes MBIA action
Moody's has placed on review for downgrade the ratings of 148 classes of US structured finance secur...
News Round-up 27 March 2013 -
Basel Committee proposes exposure controls
The Basel Committee on Banking Supervision has published a proposed supervisory framework for measur...
News Round-up 27 March 2013 -
Fitch makes Alt-A rating changes
Fitch has taken various rating actions on 10,133 classes in 772 US Alt-A RMBS transactions. The vast...
News Round-up 26 March 2013 -
Structural flaws limit RMBS ratings potential
JPMorgan's first post-crisis RMBS, JPMMT 2013-1, would not be rated Aaa by Moody's. The rating agenc...
News Round-up 26 March 2013 -
UK scheme is RMBS positive
The UK government's plan to stimulate mortgage lending is credit positive for RMBS, argues Moody's....
News Round-up 25 March 2013 -
Fitch downgrades distressed bonds
Fitch has downgraded 704 distressed bonds in 285 US RMBS transactions to single-D. They were all pre...
News Round-up 25 March 2013 -
REIT eyes further purchases
Two Harbors Investment Corp intends to use share sales proceeds to make further RMBS purchases. It h...
News Round-up 25 March 2013 -
Subprime RMBS placed on review
Moody's has placed 16 tranches from nine RMBS transactions issued by Renaissance and Delta Funding o...
News Round-up 25 March 2013