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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 -
CLO call, re-pricing risk discussed
A manager's ability to reinvest - specifically regarding WAL tests - must be con...
News Round-up 11 September 2013 -
Reset notes to be redenominated
GCO Education Loan Funding Master Trust II has executed a fifth supplemental indenture, which will p...
News Round-up 11 September 2013 -
First bank Trups CDO liquidated
Tropic CDO I - a 2003-vintage deal that declared an EOD in January - last month...
News 11 September 2013 -
Strong start for secondary RMBS
US RMBS BWIC volume reached US$1.3bn yesterday, after a particularly quiet session to end last week....
Market Reports 10 September 2013 -
REC 6 insolvency to trigger copycats?
An insolvency event has been declared for Alburn Real Estate Capital (REC 6), after the directors of...
News 10 September 2013 -
ABS CDO auction announced
An auction is to be conducted for Independence IV CDO on 30 September. The collateral shall only be...
News Round-up 10 September 2013 -
Reporting compliance enabled
The ECB has enhanced the loan-level reporting requirements for RMBS and SME ABS that are used as col...
News Round-up 9 September 2013 -
Secondary CDO supply up, talk low
There were several US CDO tranches out for the bid in yesterday's session. SCI's PriceABS data shows...
Market Reports 6 September 2013 -
RMBS BWIC volume returns
US non-agency RMBS secondary supply began to pick back up again yesterday. BWIC volume for the sessi...
Market Reports 5 September 2013 -
Office rebound boosts UK CMBS
An inflection point appears to have been reached in the UK secondary commercial property market, wit...
News 5 September 2013 -
Spanish RMBS bond switches touted
Using European DataWarehouse (ED) loan-level data, Deutsche Bank European securitisation analysts ha...
News 4 September 2013 -
RMBS concentration concerns rising
European RMBS issuance has been limited so far this year, with the bulk of supply coming from a hand...
News 4 September 2013 -
Peripheral RMBS takes centre stage
Peripheral European RMBS has seen an up-tick in activity over the last couple of weeks and a plethor...
Market Reports 3 September 2013 -
Another UCI tender underway
UCI has launched a tender offer for nine bonds across six of its RMBS. The bank is offering to buy b...
News Round-up 3 September 2013 -
Wage pressures weigh on Arsenal bonds
Arsenal Football Club's record signing of Mesut Ozil for £42.5m could be a concern for Arse...
News Round-up 3 September 2013