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Recovery values to benefit equity
S&P's incorporation of loan recoveries into its analysis of CLOs (SCI 4 August) is expected...
News Round-up 7 August 2014 -
Re-REMIC return?
Demand for round-lots driving re-REMIC up-tick
US re-REMIC volumes picked up considerably over the first half of the year and activity in the secto...
News Analysis 7 August 2014 -
Euro RMBS activity up sharply
It was a busy session for the European RMBS market yesterday as SCI's PriceABS data captured more th...
Market Reports 6 August 2014 -
Fed launches mortgage pilot
The New York Fed has launched a Mortgage Operations Counterparty (MOC) Pilot Program for counterpart...
News Round-up 6 August 2014 -
Accounting to drive tender activity
European securitisation analysts at Citi suggest that only securitisations that are consolidated on...
News 5 August 2014 -
Smaller agencies gain market share
The use of smaller rating agencies has become more common for US CMBS 3.0 deals, particularly as Moo...
News 5 August 2014 -
RMBS buyouts eyed
Ocwen Financial disclosed in its Q2 EPS reporting that it plans to invest in RMBS buyouts for loans...
News Round-up 5 August 2014 -
Credit benefits
Reach for yield outweighs macroeconomic concerns
The US credit markets enjoyed a positive first half, with some sectors seeing returns in the high si...
News Analysis 5 August 2014 -
Auctions exposed to LNR assets
US$589m of allocated balance from US$775m in US CMBS loans is set to be sold via Auction.com in late...
News Round-up 4 August 2014 -
CMBS 2.0 defeasance emerging
Fitch says it has provided rating confirmations for 26 defeased loans in US CMBS thus far in 2014, t...
News Round-up 4 August 2014 -
Punch B upside expected
With the ABI special committee now supporting the latest Punch restructuring proposal (SCI 22 July),...
News 1 August 2014 -
First loss for FREMF programme
The US$3.7m Green Meadows Apartment loan - securitised in FREMF 2010-K6 - has be...
News Round-up 1 August 2014 -
US ABS activity picks up
After a slow start to the week, yesterday's session brought an increase in US ABS secondary market a...
Market Reports 31 July 2014 -
ABS CDO on the block
An auction has been scheduled for Margate Funding I on 19 August. The securities shall only be sold...
News Round-up 31 July 2014 -
Strong secondary CLO supply
The US CLO secondary market was busy yesterday, with SCI's PriceABS data capturing 62 unique US CLO...
Market Reports 30 July 2014 -
CMBX differential 'too wide'
Markit CMBX.6.BB reference obligation spreads have tightened by 135bp since the beginning of the yea...
News Round-up 30 July 2014