The Treasury Market Pratice Group (TMPG) published it's proposed fails charge for agency MBS and debt set to take effect early next year. The trade group is taking comments on the proposal until June 10.
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The Federal Deposit Insurance Corp. (FDIC) is preparing $2 billion worth of structured asset sales that will hit the market shortly, a top agency official said Thursday.
June 17 -
Continuing its string of new hires, Barclays Capital has appointed Kenneth Rosenberg as part of its securitization syndicate team.
June 17 -
The Japan-based mobile telecommunications carrier called Softbank Mobile Corp. is marketing JPY 5.126 billion ($64 million) of senior trust certificates that are backed by handset installment sales receivables.
June 17 -
Like every sector in the European securitization market, CLOs are struggling with the onslaught of regulation.
June 17 -
Ally Credit Canada Ltd is marketing a new Canadian Auto securitization deal, Canadian Capital Auto Receivables Asset Trust II (CCARAT II), Series 2011-2.
June 16
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The performance of the auto-loan asset-backed securities (ABS) market in Europe, the Middle East and Africa (EMEA) remained stable over the past quarter, according to the latest indices published by Moody’s Investors Service.
June 16 -
Mortgage bankers funded $11.3 billion of interest-only loans in the first quarter, a 60% gain from the same period a year earlier, according to figures compiled by ASR's sister publication, National Mortgage News and the Quarterly Data Report.
June 16 -
The financial bloodbath that could have occurred in the commercial real estate market will be averted as long as federal regulators continue their look-the-other-way policy when it comes to lenders and their troubled borrowers, the head of a San Diego workout firm told a group of real estate journalists in San Antonio.
June 16 -
Ireland's Finance Minister Michael Noonan said yesterday that Anglo Irish Bank Corp. and Irish Nationwide Building Society senior bondholders should share losses instead of the current policy where owners of senior securities are protected.
June 16 - Europe
French banks were the latest to feel the ripples from the Greek crisis, with Moody’s Investors Service placing the three biggest French banks on review for possible downgrade.
June 16 -
Federal regulators may have to take a different approach in drafting a securitization rule after stumbling badly in their first effort to define which mortgages are safe enough to exempt from risk retention.
June 16 -
Credit Suisse has hired two Barclays Capital securitization executives and has made several internal appointments, according to a Dow Jones report.
June 16