Increased new issue volumes and near record lows in the consumer ABS spreads have led to slightly wider spreads in both the primary and secondary markets, according to two securitization market reports.
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Between $500 million and $600 million will be returned to the MF Global Inc. estate under an agreement between the Securities Investor Protection Act and a joint administrator of MF Global UK Ltd. The funds would be enough to fully satisfy investor claims.
December 31 -
New York Mortgage Trust, a mortgage real estate investment trust, on Friday announced its $59.6 million, privately placed RMBS securitization.
December 31 -
Standard & Poor’s rated a $1.6 billion transaction with multiple tranches, originated by Home Loan Servicing Solutions.
December 28 -
USSA Federal Savings Bank filed a shelf with the S.E.C. on Dec. 27 for an auto-loan backed program worth a total $10 billion.
December 28 -
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KKR Financial Holdings has closed its $412 million CLO called KKR Financial CLO 2012-1, its first forray into the broadly syndicated securitization market since 2007.
December 24 -
In the second to last week of the year, the pace of CLO issuance is still going strong, with several deals making the rounds.
December 21 -
CIFC Corp. announced on Thursday that John Wu, former head of CLO structuring at UBS, joined the firm as managing director and portfolio manager focusing on structured investments.
December 21 -
LIG Assets and Texas Real Estate Hedge Fund, LP foresee significant opportunities the repositioning of the commercial mortgage-backed securities and the upcoming commercial real estate maturities
December 21 -
Overall losses for reinsurers aren’t having a negative impact on Catastrophe bonds, in fact the market is moving along quite nicely, according to Swiss Re.
December 20 -
Quantitative easing, particularly the Federal Reserve’s ongoing effort to buy mortgage-backed securities, has frustrated smaller banks that are also in the market for such assets.
December 20 -
Income based repayment plans for student loans would help improve cashflows in student loan securitization, industry sources say.
December 20
