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Delinquencies down on CWCAM sales
The Trepp US CMBS delinquency rate decreased by 47bp to 6.78% in February, marking the ninth straigh...
News Round-up 3 March 2014 -
CLO equity continues excelling
US CLO equity is one of the few remaining fixed income products offering high carry. The segment pos...
News 28 February 2014 -
Novel BWIC for Euro CLOs
Yesterday proved to be a busy session for the European CLO secondary market. Amidst the strong suppl...
Market Reports 27 February 2014 -
Secondary markets leader joins
Stream Capital has appointed Fabrice Toledano as director for structured credit in Geneva. He will l...
Job Swaps 27 February 2014 -
CWCapital liquidation trends emerging
A number of trends have become apparent for the loans liquidated in CWCapital's bulk sale (SCI passi...
News 26 February 2014 -
RFC issued on privacy approach
The US SEC has reopened for comment its proposals for ABS shelf-eligibility under Regulation AB 2. S...
News Round-up 26 February 2014 -
Steady state for US CMBS secondary
Generic US CMBS spreads were mostly unchanged yesterday with BWIC volume of around US$270m. SCI's Pr...
Market Reports 25 February 2014 -
TRACE reprieve for CDOs, CMBS
FINRA will exclude CDOs, CBOs, CLOs and non-agency CMBS from its proposal to expand TRACE's coverage...
News Round-up 25 February 2014 -
CWCAM recoveries confirmed
CWCapital Asset Management reports that it has liquidated 110 of the 134 assets marketed via CBRE an...
News Round-up 24 February 2014 -
Data transparency offered
Moody's Analytics has launched a new Structured Finance Portal that is designed to provide enhanced...
News Round-up 24 February 2014 -
All about autos for US ABS
US ABS secondary supply was mainly concentrated in auto loan bonds yesterday. BWIC volume was slight...
Market Reports 21 February 2014 -
TITN 2007-CT1 losses to reach Bs
Mixed loan-level developments for the pan-European CMBS Cornerstone Titan 2007-1 suggest that princi...
News 21 February 2014 -
RMBS market moves higher
US non-agency RMBS BWIC activity picked up strongly yesterday to reach almost US$900m. Subprime pape...
Market Reports 20 February 2014 -
NPL sales gather pace
The availability of debt finance for European commercial real estate rose dramatically last year and...
News Round-up 19 February 2014 -
Supply squeeze
Spread compression to drive non-core issuance
A supply squeeze in European ABS is driving spread compression across asset classes and between seni...
News Analysis 19 February 2014 -
Euro CLO equity in demand
European CLO investors are becoming increasingly competitive in their search for yield. Equity piece...
Market Reports 19 February 2014