Sector developments and company hires

CLO stress scenario updated Fitch is set to apply an updated stress scenario to all CLO portfolio...

European ABS market update

European ABS secondary market sentiment improved last week, with the return of investor appetite, an...

Sector developments and company hires

Negative outlook for asset performance Fitch is updating its rating assumptions for all global st...

A review of securitisation activity over the past seven days

Last week's stories Breathing space? EU banks benefit from Basel 3 delay Capacity con...

EU banks benefit from Basel 3 delay

The Basel Committee's decision last week to delay implementation of the final Basel 3 rules...

Securitisation mooted for SME house builders

SME house builders struggle to access finance, despite being responsible for around 13% of new build...

'Unsustainable' hedges called out

MBS spreads to Treasuries widened again yesterday (1 April), giving those hedging margin calls on TB...

Sector developments and company hires

EMEA Addleshaw Goddard has hired structured finance partner Rachel Kelly from McDermott Will &...

Sector developments and company hires

Advancing assistance mooted Ginnie Mae is tailoring the existing disaster pass-through assistance...

EU banks await IFRS 9 relief

The US Fed, the FDIC and the OCC last week approved an extension of the new credit loss accounting s...

Sector developments and company hires

APAC fund launch Pierfront Capital Fund Management has been awarded its capital market services l...

Covid-19 not yet posing solvency issues

Government and central bank actions have kept both the financial system and the real economy afloat...

Servicing capacity concerns for non-bank lenders

Fitch has revised its US RMBS servicer ratings outlooks to negative, due to evolving economic stress...

A review of securitisation activity over the past seven days

Transaction of the week Northern Arc Capital and fintech platform CredAble have closed a trade fina...

CRT and non-agency MBS still in need of purchasing power

Non-agency MBS and CRT deals in particular are still in need of government support, according to sec...

Sector developments and company hires

APAC Frontier Advisors has appointed Joe Clark as senior consultant in its alternatives and deriv...