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Agency prepays to decline sharply
US agency RMBS prepayment speeds are projected to decline sharply over the next two months as rising...
News 15 August 2013 -
Ginnie prepays spike on buy-outs
Prepayment speeds on 2009 and newer Ginnie Mae pools accelerated unexpectedly last month after Bank...
News Round-up 15 August 2013 -
Legacy AMs, AJs attract attention
US CMBS BWIC volume reached around US$600m yesterday, with SCI's PriceABS data revealing a number of...
Market Reports 15 August 2013 -
More GSE RMBS sales anticipated
Quarterly statements released last week by Fannie Mae and Freddie Mac show that CMBS accounts for a...
News 15 August 2013 -
Freddie K-Cert A1s look attractive
Five-year average-life first pay FREMF issuance spreads have widened dramatically over the last thre...
News 15 August 2013 -
Special opportunities fund closed
Atalaya Capital Management has closed its fifth special opportunities fund to a new and existing pri...
News Round-up 14 August 2013 -
Large list leads RMBS surge
A CDO liquidation and large legacy bid-list helped boost US RMBS secondary supply yesterday, with ar...
Market Reports 14 August 2013 -
Down payment assistance to impact turnover?
SIFMA is considering whether to allow mortgage loans with a new subordinate financing product, First...
News Round-up 13 August 2013 -
Clarity emerging on BofA MSR transfer
Moody's has released a list of 26 non-agency RMBS trusts - backed by US$4.1bn of collatera...
News Round-up 13 August 2013 -
Diversity seen in secondary ABS
US ABS secondary trading remained active yesterday, with elevated supply observed in auto paper in p...
Market Reports 9 August 2013 -
Rising opposition
Eminent domain success in doubt
Successful implementation of Richmond, California's eminent domain plan (SCI 31 July) and widespread...
News Analysis 8 August 2013 -
Greater flexibility for new CLO managers
The CLO market has become more receptive to new managers, evident in the ability of some to issue mu...
News Round-up 8 August 2013 -
Expected losses upped for FLTST 3
All loans securitised in the Fleet Street Finance 3 CMBS are now in default, following last week's t...
News 8 August 2013 -
Divergent price talk observed
US non-agency RMBS secondary supply was boosted by a large CDO liquidation yesterday. The bid-list w...
Market Reports 8 August 2013 -
ABS CDO auctions announced
Public sales have been scheduled for next week for two ABS CDOs - Jupiter High-Grade CDO I...
News Round-up 7 August 2013 -
Timeshare relative value touted
Investors seeking incremental yield in ABS typically move down in credit or expand into non-benchmar...
News Round-up 6 August 2013