CLO volume this year has been a bright spot for leveraged loans, with nearly $18 billion in funds launching so far, according to Royal Bank of Scotland analysts.
- Europe
The lack of new-issue supply should support and keep the near-term positive spread trends in securitized collateral, Citi said.
August 20 -
The probability of a third round of quantitative easing might have declined but it is still above its lows of the spring when odds dropped to between 20% and 30%.
August 17 -
San Bernardino County moved a step forward Thursday with its plans to restructure underwater mortgages through the use of eminent domain.
August 17 -
In a letter spelling out the potential harms to the market, the American Securitization Forum said that these deals should not be classified as commodity pool operators.
August 17 -
The Treasury Department’s decision to change the terms of Fannie Mae and Freddie Mac’s bailout agreements will ensure their financial stability and that of the entire mortgage market, the Federal Housing Finance Agency said.
August 17
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The Treasury Department on Friday said it is restructuring the terms of its investment in Fannie Mae and Freddie Mac, which could render them more dependent than ever on the government.
August 17 -
The recent weaknesses in the U.S. and struggles in the eurozone's sovereign debt loans have continued to keep prices lower for structured products, SecondMarket said.
August 17 -
BShould the FHFA raise fees high enough, it could eventually resurrect a private securitization market and shrink Fannie and Freddie.
August 16 -
The public report will be based on a tally of the relief provided so far on a state-by-state basis, monitor Joseph Smith said
August 16 -
The RUB13.2bln RMBS deal is the sixth for Russia's Agency for Housing Mortgage Lending.
August 16 -
New issue volume for credit card ABS has already surpassed 2011 volumes despite the contraction of receivables balances for existing credit card trusts.
August 16 -
Freddie Mac reported 30-year fixed mortgage rates averaged 3.62% for the week ending August 16, up three basis points from last week.
August 16