Reporting on the hurricane’s potential impact in the securitization world, Nora Colomer cited CoreLogic’s estimate that nearly 284,000 homes in the Mid-Atlantic region, valued at about $87 billion, were at risk of property damage.
-
-
Fitch Ratings anticipates a “moderate” amount of call activity in the collateralized loan obligation market as players take advantage of cheaper funding costs available for new deals.
February 1 -
JP Morgan and Credit Suisse are said to be planning RMBS deals.
January 31 -
Southern Company’s Mississippi Power plans to do a utility securitization to recover the financing costs related to construction of its $3 billion coal-gasification power plant Kemper County.
January 31 -
Fitch Ratings said today that CMBS special servicers have adapted new policies and procedures for reporting financial statements to the master servicer as a measure to increase transparency in loan modifications.
January 31
-
CIFC manages the largest number of collateralized loan obligations in the U.S., according to the latest ranking published by Moodys Investors Service.
January 31 -
Dedicated funds have proved crucial to the develop of CAT bonds and they will remain so
January 30 -
Extended Stay issued the $350million, floating rate component of its $2.5 billion single borrower CMBS deal this week at pricing spreads that fell within guidance.
January 30 -
Freddie Mac plans to issue its second multi-family CMBS of 2013, a $1.3 billion transaction called FREMF 2013-K25.
January 30 -
Bank of America Merrill Lynch and Morgan Stanley plan to issue a $1.14 billion CMBS conduit, MSBAM 2013-C8.
January 30 -
After last year’s false start, the GSEs plan to introduce risk-sharing bonds this year.
January 30 -
Do not expect much securitization activity out of Europe this year, said participants in a panel at the American Securitization Forum’s 2013 conference.
January 29