The Latest

  • HLSS Holdings has paid $238 million for the right to “receive servicing fees” on $6.7 billion of subprime and Alt-A mortgages from Ocwen Financial Corp.

    October 1
  • JPMorgan Securities will be issuing under a its Chase Issuance Trust worth $600 million.

    October 1
  • ABS

    Credit card holders are keeping a lid on spending, and banks are flush with cheap deposits to fund new accounts. These might not seem like the ideal conditions for credit card securitization to take off, but that's just what is happening.

    October 1
  • The mortgage and MBS market landscapes have profoundly changed over the last month as a result of actions by both regulators and monetary authorities.

    October 1
  • ABS

    Florida Citizens' Sharon Binnun brings to fruition largest cat bond by a state entity to date.

    October 1
  • ABS

    In a clear sign that everyone's getting more comfortable with ABS, JPMorgan analysts reported that about $18 billion was issued in the market during the first three weeks of September.

    October 1
  • ABS

    The ASR Scorecards database's preliminary public lead manager rankings for 3Q12 showed JPMorgan Securities taking the top spot with $22.7 billion sold and an 18.5% market share.

    October 1
  • In the aftermath of a critical audit of Spanish banks, some institutions will face any combination of restructuring, merger into a larger institution, a wind-down or bad-asset sales. Covered bonds are bound to feel some effect.

    October 1
  • ABS

    The low interest rate environment and demand for high-quality, short-duration paper continued to fuel demand for auto ABS and other consumer assets in September. The market absorbed $18 billion of new issuance through Sept. 17, according to a JPMorgan Securities report published on that date.

    October 1
  • JPMorgan Securities analysts look at the effect on excess spread from a bankruptcy judge's decision allowing Ambac to start making payments on wrapped non-agency bonds.

    October 1