UK RMBS market update

The first public European securitisation of the year, dubbed Hops Hill 1, is expected to price today...

Sector developments and company hires

illimity inks NPL ABS duo illimity Bank has finalised two non-performing loan transactions, inclu...

Sector developments and company hires

Lloyd’s ILS platform unveiled Lloyd's has established London Bridge Risk PCC, the...

UK RMBS transition risks highlighted

A number of UK RMBS issuers are initiating consent solicitation processes to amend notes and swap co...

Sector developments and company hires

Ocwen, CFPB mediation unresolved Ocwen Financial Corporation has issued a statement expressing it...

Sector developments and company hires

Landmark Pan-Asian ILS launched MS Amlin Underwriting has launched Phoenix 1 Re, the first locally...

Decline in loan removal from forbearance suggests large unknowns ahead

There has been a “troubling slowdown” in the rate of improvement of the number o...

Sector developments and company hires

RFC issued on GSE living wills The US FHFA is seeking comment on a notice of proposed rulemaking th...

Ongoing Fed bid for GSE paper stronger than faster prepayments in 2021

Price action in GSE-issued MBS in 2021 will be dominated by the opposite pressures of faster prepaym...

Sector developments and company hires

RBS settles RMBS claims The securities division of Maryland Attorney General Brian Frosh has entere...

Sector developments and company hires

Romanian NPE deal sealed National Bank of Greece (NBG) has entered into an agreement with Bain Ca...

STS synthetics onshoring awaited

Formal adoption by the EU of the STS synthetics regime will not realistically occur until 1Q21, afte...

Euro ABS trading set to dominate

European ABS secondary spreads have completed a three-quarter circle from their coronavirus-related...

A review of securitisation activity over the past seven days

Last week's stories Agricultural SRT prepped Lloyds readies Fontwell II Baltic SRT finalised ...

Sector developments and company hires

Issuance forecasts lowered on TFSME extension The Bank of England has extended by six months the TF...

Sector developments and company hires

CLO manager transfers accelerate overlap When managers acquire CLOs, the underlying portfolios beco...