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NAIC scenario update discussed
The NAIC is proposing to update its macroeconomic assumptions that it will use when valuing non-agen...
News Round-up 24 September 2013 -
CMBS auctions scheduled
US$480m of US CMBS assets are slated for sale on Auction.com next month. The assets include two prop...
News Round-up 24 September 2013 -
Reporting required for card ABS
The ECB is to introduce loan-level reporting requirements for credit card ABS, when these are used a...
News Round-up 23 September 2013 -
SCI Start the Week - 23 September
A look at the major activity in structured finance over the past seven days
PipelineFive ABS were added to the pipeline last week, all of which were auto deals. Two RMBS, one C...
News 23 September 2013 -
Euro CMBS reacts to taper delay
The Fed's decision not to taper (SCI passim) - and the subsequent boost to risk assets &am...
Market Reports 20 September 2013 -
Waiting for tapering
The Fed's meeting this week was widely expected to herald the dawn of tapering, but rising interest...
News Round-up 19 September 2013 -
Co-op redemption concerns emerge
The fortunes of the Co-operative Bank's outstanding Leek and Silk Road deals are more closely tied t...
News 18 September 2013 -
Model integration issues persist
Principia Partners has released the findings of a survey focusing on ABS, MBS and CDO investors' use...
News Round-up 18 September 2013 -
Week starts with WBS flurry
A number of UK whole business securitisation bonds were out for the bid yesterday. Some noteworthy c...
Market Reports 17 September 2013 -
Fixed-, floating-rate income compared
US fixed-rate ABS should provide significantly more income than floating-rate bonds, unless the Fed...
News Round-up 17 September 2013 -
ABS CDO on the block
An auction is slated for RFC CDO I on 30 September. The collateral will only be sold if the proceeds...
News Round-up 17 September 2013 -
Delivering unification?
Common TBA proposal could ease GSE transition
The concept of a unified conventional TBA deliverable for the GSEs has gained traction recently. Suc...
News Analysis 13 September 2013 -
Back to business for Euro CLOs
Secondary markets surged yesterday and the European CLO sector was no exception. Activity is picking...
Market Reports 13 September 2013 -
Mix of paper in busy ABS session
A US$110m bid-list of dealer floorplan bonds boosted auto ABS secondary supply yesterday. Credit car...
Market Reports 12 September 2013 -
FFELP SLABS value touted
FFELP student loan ABS spreads have generally lagged the tightening witnessed in other US consumer A...
News Round-up 12 September 2013 -
Richmond continues with MRP plan
Richmond, California city council yesterday voted 4-3 to continue exploring Mortgage Resolution Part...
News Round-up 12 September 2013