-
CRE paper underpins CDO supply
The US CDO secondary market saw a heavy influx of CRE CDO supply yesterday. But some rare collateral...
Market Reports 13 March 2013 -
Schron portfolio sales ongoing
It has emerged that seven properties from the US$317m Schron Industrial Portfolio, securitised in GC...
News Round-up 13 March 2013 -
Uncommon names in ABS frame
Following an up-tick in ABS secondary supply last week, healthy BWIC activity continued yesterday. I...
Market Reports 12 March 2013 -
Post-crisis RMBS prepays examined
Prime mortgage borrowers in US RMBS pools issued since the start of 2010 are still prepaying at rapi...
News Round-up 12 March 2013 -
ABS CDO on the block
An auction is being held for Independence IV CDO on 28 March. The collateral will be sold only if th...
News Round-up 11 March 2013 -
RMBS ticks over as secondary supply slows
US RMBS non-agency secondary supply was notably lighter in yesterday's session. A number of names we...
Market Reports 8 March 2013 -
Euro CLO mezz widens
The European mezzanine CLO secondary market weakened somewhat to start the month. Single-As are trad...
Market Reports 7 March 2013 -
CLO 2.0 re-pricings analysed
Many of the first CLO 2.0 deals are reaching the end of their call-protected period, with some trans...
News Round-up 7 March 2013 -
Listed fund debuts
TwentyFour Asset Management has launched the TwentyFour Income Fund, which aims to generate a net to...
News Round-up 7 March 2013 -
ML-style GSE unwind advocated
The FHFA has called for a new securitisation infrastructure in which Freddie Mac and Fannie Mae's pr...
News 6 March 2013 -
Early vintages abound in CMBS session
Together with the more common vintages of 2005-2007, the US CMBS secondary market was yesterday awas...
Market Reports 6 March 2013 -
SLMA print boosts sub spreads
Seasoned Sallie Mae private student loan subordinated paper, having recently traded in the 675bp-700...
News Round-up 6 March 2013 -
Second auction due for ABS CDO
An auction will be conducted for RFC CDO I on 28 March. The collateral will only be sold if the proc...
News Round-up 6 March 2013 -
SLABS activity picks up
After a slow start to the week, limited US secondary ABS supply is emerging. In particular, SCI's Pr...
Market Reports 5 March 2013 -
Auto prepay model introduced
JPMorgan has introduced an auto loan ABS loss/prepayment model, to enable credit analysis and relati...
News Round-up 1 March 2013 -
Euro uncertainty buoys secondary ABS
The double blow of Moody's UK downgrade and inconclusive Italian election has had a mixed impact on...
Market Reports 1 March 2013