-
Flagstar first for warranty cases
The US District Court for the Southern District of New York last week ruled that Flagstar Bancorp wa...
Job Swaps 12 February 2013 -
ResCap liability questioned
The official committee of unsecured creditors in the Residential Capital Chapter 11 proceedings last...
Job Swaps 12 February 2013 -
Arch makes US mortgage insurance foray
Arch US MI, the US-based subsidiaries of Arch Capital Group, have entered into a definitive agreemen...
Job Swaps 12 February 2013 -
Mortgage insurance recommendations issued
The Joint Forum has released a consultative report entitled 'Mortgage insurance: market structure, u...
News Round-up 11 February 2013 -
SCI Start the Week - 11 February
A look at the major activity in structured finance over the past seven days
Pipeline Many of the deals that entered the pipeline last week went on to price by the end of Frida...
News 11 February 2013 -
Euro ABS consolidation on the cards?
The European ABS market appears to be entering a period of consolidation, according to ABS analysts...
News Round-up 8 February 2013 -
RMBS fund debuts
Morgan Stanley Investment Management (MSIM) has launched a global mortgage securities fund. The fund...
Job Swaps 8 February 2013 -
McGraw-Hill seeks First Amendment relief
McGraw-Hill and Standard & Poor's Financial Services have filed for declaratory relief in fe...
Job Swaps 8 February 2013 -
Undersupply and oversubscription
Quarterly review and outlook for European ABS
We asked Lloyds Bank, the winners of SCI's 2011 arranger award for European consumer/credit card ABS...
News Analysis 8 February 2013 -
Spanish debt forgiveness 'should be manageable'
Spanish Minister of Economy and Competitiveness Luis de Guindos last week proposed changes to the co...
News Round-up 7 February 2013 -
Countrywide settlement 'too low'
New documents have been filed in New York State Supreme Court claiming that the proposed US$8.5bn fi...
Job Swaps 7 February 2013 -
Resi idiosyncratic risks eyed
Fitch says that prime residential mortgage portfolios with low expected loss levels need an addition...
News Round-up 7 February 2013 -
RMBS supply up strongly, levels steady
Activity in the US RMBS market picked up yesterday after a slow start to the week. Non-agency BWIC v...
Market Reports 6 February 2013 -
SNS call 'interruptions' predicted
Embedded call features in SNS Bank RMBS are ultimately expected to be honoured, following the nation...
News 6 February 2013 -
LMI-linked tranches hit
Moody's has downgraded 85 tranches from 76 Australian RMBS and confirmed 10 tranches from 10 other t...
News Round-up 6 February 2013 -
RBA cuts supporting Aussie mortgages
In its latest update of Australian mortgage performance, Fitch notes that the Reserve Bank of Austra...
News Round-up 6 February 2013