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Make-whole payments accelerating
Last month's remittance reports show that a number of US non-agency RMBS received make-whole payment...
News 3 January 2014 -
CDO auctions due
Three CDO auctions have been announced so far this month. Sales are scheduled for the Longport Fundi...
News Round-up 2 January 2014 -
Volcker reprieve for Trups CDOs?
The US Fed, the FDIC, the OCC and the SEC are reviewing whether Trups CDOs should be subject to inve...
News Round-up 2 January 2014 -
G-fee hike delayed
Incoming FHFA director Mel Watt intends to delay the increase in GSE guarantee fees announced earlie...
News Round-up 24 December 2013 -
Cherry picking
Euro relative value trades explored
The European securitisation market offers a number of relative value opportunities going into 2014....
News Analysis 24 December 2013 -
Risk tension
Risk retention pivotal for Euro CLO market
European CLOs continue to perform well, despite regulatory actions serving to constrain the market....
News Analysis 23 December 2013 -
ABS CDO on the blocks
An auction will be conducted for Sunrise CDO I on 14 January. The collateral shall only be sold if t...
News Round-up 20 December 2013 -
Volcker Rule spurs CLO sale
BankUnited has disclosed that it sold its CLO holdings, as well as some Re-Remic positions on the op...
News Round-up 20 December 2013 -
Second loan-level phase prepped
LCM Partners has won a tender from the ECB to provide advisory services on the second phase of the A...
News Round-up 20 December 2013 -
Uneven RMBS performance eyed
The improvement in RMBS performance has been uneven across the US, much like the differences in regi...
News Round-up 19 December 2013 -
Taper talk becomes reality
The New York Fed is to begin tapering its asset purchases with an initial US$10bn reduction in the m...
News 19 December 2013 -
First-half weighting for CDO supply
JPMorgan has surveyed CDO BWIC volume from 1 January to 29 November, based on original notional bala...
News Round-up 18 December 2013 -
GSE portfolio execution closer?
Fannie Mae and Freddie Mac have released updated loan-level pricing adjustment (LLPA) matrices, effe...
News 18 December 2013 -
Further large-lot sales expected
January is anticipated to be an attractive time to bring a large portfolio sale to market, with many...
News 17 December 2013 -
Investors on the hook for 'consumer relief'?
S&P says it is unclear how the US$4bn in consumer relief agreed under JPMorgan's recent US$1...
News Round-up 17 December 2013 -
Diversification boost
Euro periphery to mitigate negative net issuance?
The European securitisation market is set to end 2013 on a positive footing, boosted by a growing di...
News Analysis 17 December 2013