Forbearance volumes slow, but the next stage is daunting

The rate of increase of US home loans in forbearance plans has slowed significantly lately, accordin...

Sector developments and company hires

Pan-European guarantee fund launched The EIB board has approved a €25bn Pan-European Guara...

Sector developments and company hires

CLO manager performance assessed JPMorgan has issued its latest CLO manager quarterly reports for b...

Payment holidays set to test CRT provisions

Portfolios referencing loans subject to payment holidays may create a new sub-asset class within the...

Sector developments and company hires

TALF subscription date announced The New York Fed has scheduled the first TALF ABS loan...

Sector developments and company hires

Covid-19 relief initiative launched Community Capital Management has launched an initiative to in...

A review of securitisation activity over the past seven days

Last week's stories Auto ABS boost European ABS market update Drafting issues The potential...

4.7m home loans now in forbearance

Almost 4.7m US homeowners are in forbearance plans as of May 12, an increase of 200,000 in...

Sector developments and company hires

Corporate actions slow down Negative rating actions on corporate loan issuers continue to accumulat...

Amendments mitigate forbearance impact

A number of UK securitisation issuers are enhancing their deals to mitigate the negative impact on r...

Technology-driven investment gaining traction

Pagaya has expanded to the US West Coast, beefing up its origination group. At the same time, the fi...

Sector developments and company hires

TALF CLO rules clarified The US Federal Reserve has clarified its CLO eligibility rules for TALF. I...

Sector developments and company hires

SFSF investments disclosed The AOFM has disclosed the recent investments it has made under the Stru...

A review of securitisation activity over the past seven days

Last week's stories CRM tool CBILS guarantees eligible for CRR recognition EC decision awaite...

Recent limitations on liability leave unanswered questions for mortgage servicers

The 21 April FHFA announcement that agency mortgage servicers will have to fund no more than four mo...

Sector developments and company hires

STS synthetics proposals published The EBA has published its proposals for developing an STS framew...