Finance

House Republicans unveiled sweeping legislation to unwind Fannie Mae and Freddie Mac and overhaul the mortgage finance system on Thursday — a plan that, as expected, contrasts sharply with bipartisan legislation pending in the Senate.

Despite the lack of activity last week, the market for asset-backed securities is benefitting from the sense that the repricing of the market has largely run its course, according to Deutsche Bank.

Goldman Sachs is preparing a $1.3 billion commerical mortgage-backed conduit dubbed GS Mortgage Securities Trust 2013-GC13.

More ways to deliver financing for European small and medium sized enterprises continue to focus on securitization as a solution.

Ginnie Mae is moving closer to merging the Ginnie I MBS program into the Ginnie II MBS program and now it is going to develop a blueprint to manage the consolidation.

Resolution of distressed legacy CMBS has helped improve delinquencies in the market but it doesn’t mean that these deals have escaped downgrades.

The reliance of asset-backed commercial paper conduits (ABCP) on liquidity agreements with banks means they will be affected by Basel III’s proposed liquidity coverage ratio (LCR).

Both British Airways and Doric, to non-U.S. originators, successfully placed respective EETC issues to finance new aircraft deliveries.

Nomura's $440 million residential mortgage securitization has sparked a debate about the risk of deals backed by a large number of loans in the same state.

While the issuance of overall auto-related ABS is running behind 2012’s year-to-date figure, the sub-prime sector is actually ahead of the same time frame last year

Santander Consumer USA broke the lull in ABS primary market issuance with plans for a $891.14 million subprime auto loan securitization.

Nomura Corporate Funding is issuing a $440.081 million jumbo residential mortgage-backed securitization.

Freddie Mac plans to issue a $1.37 billion multifamily CMBS, its eleventh deal this year.

A large number of commercial mortgage backed securities (CMBS) are maturing this quarter in the region of Europe, the Middle East and Africa, but only a few are expected to actually repay,

Wells Fargo plans to issue a $1.4 billion commerical mortgage-backed conduit transaction called Wells Fargo Commercial Mortgage Trust 2013-LC12.

An influx of capital from catastrophe bonds and other non-traditional forms of reinsurance is pushing overall rates down, despite higher losses.

The issuance of credit card securitizations might get a boost later this year, according to Standard & Poor’s.

the analysts at Bank of America Merrill Lynch have revised down their structured-finance issuance forecast in Europe for 2013

Moody’s Investors Service said today that it expected European commercial mortgage-backed securities (CMBS) to suffer further interest shortfalls, at least among the non-senior tranches.