-
Liquidation timelines examined
Morningstar Credit Ratings has researched losses incurred on loans in non-agency US CMBS covered by...
News Round-up 19 March 2014 -
Vintage CLO credit quality deteriorating
Since better quality loans tend to prepay faster, the collateral pools of amortising US CLOs are bec...
News Round-up 18 March 2014 -
Spirit upside outlined
Pubco Spirit has announced strong results for the first half in both its managed and tenanted busine...
News Round-up 18 March 2014 -
Varied supply in secondary ABS
US ABS BWIC volume dropped yesterday to a little over US$100m. Much of the supply came from bonds ba...
Market Reports 18 March 2014 -
SCI Start the Week - 17 March
A look at the major activity in structured finance over the past seven days
Pipeline A number of transactions entered the pipeline last week and were swiftly priced. Five ABS...
News 17 March 2014 -
MLCFC 2007-5 reports
Remittances have been released for a further two assets liquidated in the CWCapital bulk sale: the U...
News Round-up 17 March 2014 -
GG10 resolutions support spreads
GSMS 2007-GG10 AM spreads moved tighter yesterday, following the resolution of US$583m of specially-...
Market Reports 14 March 2014 -
GG10 sales 'below expectations'
Remittance reports for the GSMS 2007-GG10 CMBS cover another US$583m in liquidations from the CWCapi...
News Round-up 13 March 2014 -
Misrepresentation case settled
The US SEC has charged Jefferies with failing to supervise employees on its MBS desk, who lied to cu...
Job Swaps 13 March 2014 -
Refinancing promises big savings
Up to US$30bn of US CLO 2.0 deals could be candidates for refinancing this year, with refinancing or...
News 12 March 2014 -
ABS CDO auctions due
A special majority of Fourth Street Funding class A1 noteholders have directed the trustee to liquid...
News Round-up 12 March 2014 -
US RMBS gathering steam
US non-agency RMBS supply picked up yesterday as BWIC volume reached around US$664m. That level is s...
Market Reports 12 March 2014 -
Housing reform to progress?
US Senate Banking Committee chairman Tim Johnson and ranking member Mike Crapo have reached an agree...
News 12 March 2014 -
Google buys into online marketplace
Google Capital has invested US$50m in Auction.com. A Google representative will join the online mark...
Job Swaps 12 March 2014 -
Trups CDO on the block
An auction is to be held for InCapS Funding II on 14 March. Keefe, Bruyette & Woods has been...
News Round-up 11 March 2014 -
Cards support US ABS secondary supply
US ABS bid-list supply during yesterday's session was mainly accounted for by credit card names. BWI...
Market Reports 11 March 2014