The market for U.S. credit card ABS hit two milestones during September, both encouraging signs for the asset class.
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Redwood Trust filed a registration statement with the Securities and Exchange Commission to issue its first mortgage backed securities transaction for 2013 under its Sequoia series of deals.
December 5 -
The CMBS primary pipeline looks set to continue a busy pace until the end of the year with three deals marketing this week.
December 5 -
Freddie Mac announced its seventeenth multifamily mortgage backed securities for this year; the $1.1 billion structured pass-through certificates called K-023, is expected to price this week, .
December 5 -
A new Spanish mortgage law that gives a certain category of borrower a reprieve from foreclosure raises the risks of further measures that might hurt recoveries on defaulted loans.
December 4 -
For clues about where European RMBS performance is headed, Barclays Bank analysts are looking at jobless rates.
December 4
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Standard & Poor’s today projected that securitizations of credit card receivables in the U.S. should hit $40 billion in issuance in 2013.
December 4 -
A dearth of refinancing options for European CMBS loans will not be covered entirely by new entrants as long as they focus exclusively on higher-quality properties.
December 4 -
A lawsuit that charged three ratings agencies with wrongdoing in the sale of mortgage-backed securities cannot advance, a federal appeals court in Ohio has ruled.
December 3 -
A couple of ABS deals have joined the pipeline this week.Santander, for its part, has a $791 million auto deal coming down the pike.
December 3 -
The ratings agency says the $329.9 million CSMC Trust 2012-CIM3's senior most tranche does not merit a triple-A rating.
December 3 -
The $600 million Octagon transaction brings year-to-date CLO new issue volume to $49 billion
December 3 -
The American Securitization Forum said in a comment letter today while that it supports the Federal Housing Finance Agency’s proposal to create a single GSE securitization platform, the solution won’t be a good fit with fully private label securities.
December 3

