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Stuy Town news sparks rally
US CMBS bonds with exposure to the US$3bn Stuyvesant Town-Peter Cooper Village loan rallied yesterda...
News Round-up 15 May 2014 -
Rates encourage CMBS prepays
US CMBS loans have experienced an increase in the number of early prepayments with defeasance or yie...
News 15 May 2014 -
Mortgage trading platform launched
Third-party mortgage administration firm HML has launched the Asset Trading Solutions service, which...
News Round-up 15 May 2014 -
ABS activity leans on auto supply
US ABS bid-list activity picked up yesterday on the back of higher auto and student loan supply. BWI...
Market Reports 15 May 2014 -
CMBS payments imply unique structure
The most recent payment report for European CMBS Infinity Soprano shows that the transaction amortis...
News 15 May 2014 -
Tightening seen in risk-sharing bonds
CAS and STACR spreads continued to grind tighter last week, with M2 classes hovering at 225bp-250bp...
News Round-up 14 May 2014 -
Dodd-Frank to prompt B-piece sales
The first four months of the year have seen 60 US CMBS B-piece bonds appear a combined 97 times on B...
News 14 May 2014 -
Office Depot exposure examined
Retailer Office Depot is set to close over 400 of its stores, following its merger with OfficeMax. A...
News Round-up 14 May 2014 -
FHA expands access to credit
The FHA has released its 'Blueprint for Access', designed to expand access to credit for underserved...
News Round-up 14 May 2014 -
Incremental changes for the GSEs
The FHFA has released its 2014 strategic plan for the conservatorship of and the scorecard for the G...
News Round-up 14 May 2014 -
Bid-list boost for US RMBS
US non-agency RMBS BWIC volume reached US$716m in yesterday's session as supply was up across all pr...
Market Reports 14 May 2014 -
Switch sense
Non-conforming pay-down triggers anticipated
UK non-conforming RMBS continues to outperform US subprime RMBS and several deals are now approachin...
News Analysis 13 May 2014 -
GSE guidelines loosened
The GSEs have updated their representation and warranty guidelines, effective for mortgages settled...
News Round-up 13 May 2014 -
CDO liquidations set
Several CDOs are set to be redeemed in the coming weeks. First, at least two bids for each sub-pool...
News Round-up 13 May 2014 -
CMBS supply centres on A4s, AJs
US CMBS bid-list volume came in at around US$175m yesterday, slightly lower than it had been at the...
Market Reports 13 May 2014 -
Aussie reporting requirements enhanced
The Reserve Bank of Australia (RBA) has published updated and more detailed information on how its n...
News Round-up 13 May 2014