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Loan weakness reflected in CLO prices
Babson Capital Management points out in its latest quarterly newsletter that - unlike in p...
News Round-up 14 July 2010 -
Re-thinking valuation
In the first in a series of articles on structured credit valuations, R2 Financial Technologies ceo ...
Pricing models for structured credit securities have often been overly simplistic, with many institu...
Talking Point 7 July 2010 -
Short sale flurry
More selling to hurt bank junior RMBS holdings
The holders of subordinate or junior bonds - large banks for the most part - hav...
News Analysis 7 July 2010 -
Slight return
CLO BWIC trading up, but euro loans slowing
CLO BWIC activity has seen some increase over the past week or so on both sides of the Atlantic, mos...
Market Reports 7 July 2010 -
Pockets of activity
European ABS and MBS seeing some trading, but still relatively quiet
European ABS and MBS secondary markets are still seeing some pockets of activity, but overall remain...
Market Reports 7 July 2010 -
Secret service
Russel Parentela, md for BNY Mellon Structured Credit, answers SCI's questions
Q: How and when did BNY Mellon become involved with Structured Credit Connection? A: Structured Cre...
Provider Profile 7 July 2010 -
Platform to increase OTC derivatives transparency
In response to the prospect of increased OTC derivatives regulation, Bloomberg is offering a new val...
News Round-up 7 July 2010 -
CDOs land additional appraisal firm
The indentures of Fortress Credit Funding III and IV have been amended to allow Deloitte Financial A...
News Round-up 30 June 2010 -
RFC issued on enhanced fair value proposal
IASB has published for public comment further enhancements to a disclosure proposal on Level 3 fair...
News Round-up 30 June 2010 -
Still sidelined
Low volumes and wider ABS/MBS spreads causing some pain
Low trading levels and wide spreads continue to characterise the European ABS markets. Those involve...
Market Reports 30 June 2010 -
Evaluated price offerings expanded
Interactive Data has broadened its evaluated pricing offerings for clients. Enhancements include new...
News Round-up 30 June 2010 -
Calling the shots
Sponsors move to support their transactions
RBS subsidiary Ulster Bank last week provided the European RMBS market with a welcome surprise when...
News Analysis 23 June 2010 -
Summer slowdown
Outside of CMBS, ABS market volumes take seasonal drop
US ABS markets have shown a significant slowdown in the past few weeks as participants ease into the...
Market Reports 23 June 2010 -
Holding off
Thin secondary RMBS trading as new deal is delayed
Activity in the European RMBS secondary markets has been quiet over the past week owing in part to t...
Market Reports 23 June 2010 -
Large liquidation marked to trade
In contrast to other bid lists making the rounds these days, the US$9.7bn liquidation from Axon Fina...
News 23 June 2010 -
MBS basis 'on the rich side' of fair value
Mortgages are cheap to the consumer and rich to the investor, compared to current 30-year market rat...
News Round-up 23 June 2010