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Housing reform bill weighed
Several provisions in the comprehensive housing finance reform bill introduced by US Senators Tim Jo...
News Round-up 15 April 2014 -
SLM split scheduled
Sallie Mae's board has formally approved the separation of its loan servicing business line from its...
News Round-up 15 April 2014 -
'Cheap' Euro CMBS lacks buyers
There was a lot of price talk on European CMBS tranches in the secondary market yesterday, but a lac...
Market Reports 15 April 2014 -
SCI Start the Week - 14 April
A look at the major activity in structured finance over the past seven days
Pipeline A number of new deals were announced last week. In total, eight ABS, three ILS, three RMBS...
News 14 April 2014 -
Asset sales drive delinquencies lower
US CMBS delinquencies fell sharply again last month as more CWCapital bulk asset sales were booked a...
News Round-up 14 April 2014 -
Post-crisis RMBS delinquencies 'near zero'
Delinquency rates on recently issued US RMBS remain near zero nearly four years after the first post...
News Round-up 11 April 2014 -
US RMBS stays subdued
The US RMBS secondary market was quiet once again yesterday as bid-list volume dipped to around US$3...
Market Reports 11 April 2014 -
CLO market gauges Vivarte impact
The European CLO market continues to feel the effects of the recent Vivarte default (SCI 18 March) a...
Market Reports 10 April 2014 -
Tiering emerging in aircraft ABS
Airlines and lessors appear to have ample access to liquidity, with many having recently issued debt...
News Round-up 10 April 2014 -
CMBS market awaits A1A list
US CMBS BWIC volume reached US$287m yesterday, with activity skewed towards AM and AJ bonds. Supply...
Market Reports 9 April 2014 -
Reclassifications unlikely to impact ratings
In its role as trustee, US Bank recently reclassified approximately US$500m in forbearance modificat...
News Round-up 8 April 2014 -
Volcker extensions disappoint
The US Fed says it intends to give banking entities two additional one-year extensions to 21 July 20...
News 8 April 2014 -
Scrutinising servicing
Mortgage servicers in the cross hairs
Investors and regulators have both started to fix mortgage servicers in their sights. A fresh wave o...
News Analysis 8 April 2014 -
Appraised values examined
The average appraised value for US CMBS specially serviced loans has declined by 1% year-over-year,...
News Round-up 7 April 2014 -
US RMBS supply rises
US non-agency RMBS secondary market activity continued to build yesterday. BWIC volume reached aroun...
Market Reports 4 April 2014 -
ABS CDO sale scheduled
An auction will be conducted for the Longport Funding II CDO on 21 April. The collateral shall only...
News Round-up 3 April 2014