Year-to-date 2012 volume in the sector has hit $922 million versus the record $21.4 billion issued in 2011 year-to-date, Dealogic reported.
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Texas-based loans used as collateral in seasoned RMBS have a high weighted average coupon (WAC) given its housing market's stability.
October 15 -
S&P said that due to overlaps in exposure, synthetic collateralized debt obligations in Europe were at a heightened risk of synchronized ratings moves.
October 15 -
Moody’s Investors Service said Monday that it had given a provisional rating of ‘Aaa (sf)’ to roughly $750 million in a Nissan auto securitization.
October 15 - Europe
The market’s reaction so far to Spain’s downgrade by Standard & Poor’s on October 10 has been “inadequate.”
October 15 -
The Public Utilities Commission of Ohio approved an application by FirstEnergy to securitize approximately $555 million in previously approved deferred energy costs costs.
October 15
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GuardianInvestment Banking and Real Estate today said that Hernan Magarinos joins the New York office as managing director.
October 15 -
The Federal Reserve's plan to buy an unlimited amount of mortgage securities until jobs rebound has helped contribute to higher trading volumes at JP Morgan Chase but the promise to keep rates low through at least mid-2015 has hurt the investment bank's margins, Chairman and Chief Executive Jamie Dimon said during a Oct.12, conference call.
October 14 -
Financity Corporation completed the first trade receivables securitization in the Colombian market,for Coltejer S.A., the financing company said today in a press release.
October 12 -
Macquarie Capital named Sandy Edmonstone an executive director and deputy head of global oil and gas.
October 12 -
U.S. CMBS delinquencies declined for the fourth straight month according to the latest index results release today from Fitch Ratings.
October 12 -
The U.S. Commodity Futures Trading Commission yesterday said that certain securitization structures would be eligible for exclusion from commodity pool regulation.
October 12 -
Standard & Poor's is betting on the resurgence of the private label U.S. RMBS market.
October 12