Standard & Poor's analysts are projecting that 2012 Canadian covered bond issuance will reach C$20 billion. However, this number is below 2011's record C$25.7 billion.
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Manager Activity: Autos Book Runner Amount (US$ Mil) Rank Mkt.
April 27 -
2012 2011 2010 ABS (Public + 144A) 84,120.7 51,871.4 54,973.4 ABS (Public + 144A excluding CDOs) 78,030.6 49,575.6 54,157.0 ABS (Public Only) 50,623.8 30,134.2 24,089.1 ABS (144A Only) 33,497.0 21,737.2 30,884.3 Non-Agency MBS 16,782.1 25,040.6 7,934.8 Agency MBS 112,523.7 173,096.3 205,764.4 CMBS 8,081.5 12,799.3 8,384.0
April 27 -
MORTGAGE DATA 30-yr. Fixed 15-yr. Fixed 5-yr Treasury 1-yr Treasury- MBA Refi Home Purchase Rate Mortgage Rate Mortgage Indexed ARMs Indexed ARMs Index Index Week ending 05/31/12 3.75%
April 27 -
On April 20 a judge decided that a case seeking to reverse bond insurer MBIA's 2009 transformation into two companies will go to trial on May 14.
April 27 -
The recent CMBS backed by nonperforming commercial real estate (CRE) loans from Rialto Capital Advisors is the beginning of a trend, Fitch Ratings said in a recent report. It is the first CMBS to be backed by nonperforming loans (NPLs) in years.
April 27
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The events that affected trading this week revolved primarily around $99 billion in Treasury supply. The Federal Open Market Committee (FOMC) held a two-day meeting with the statement, summary of economic projections and a press conference taking up most of Wednesday afternoon.
April 27 -
At least one dozen — and perhaps more — of Ally Financial’s nonbank warehouse lending customers are searching for back-up lines of credit, fearing the government-owned lender may soon cut back, according to interviews conducted by National Mortgage News this week.
April 27 -
A new €402.4 million ($532 million) Finnish auto loan securitization is marketing this week from SCF Rahoituspalvelut Limited.
April 27 -
Ford’s Motor Co.’s return to investment grade status is a milestone for the auto industry, even if it has emerged from the credit crisis and recession in much better shape than its peers.
April 27 -
Moody’s Investors Service Thursday issued a negative report on the bond insurance industry.
April 27 -
It appears that higher premiums are starting to have a profound effect on the Federal Housing Administration’s (FHA) “streamline” refinancing program.
April 27 -
MetLife Thursday afternoon said it will exit the reverse lending business — where it ranks among the top five producers — selling the division to Nationstar Mortgage of Texas.
April 27