Finance

The firm's analysts offer their view on the fiscal cliff’s potential effect on each securitization sector and how this impact relative value.

The CLO new-issue market continues to chug along, with five new deals totaling $2.6 million printed last week, according to a report from Bank of America Merrill Lynch.

Barclays Capital expects total issuance volume for European securitization to remain more or less the same in 2013 from this year.

Barclays Capital said that bank credit card collateral performance was positive, although retail card performance deteriorated.

JPMorgan Chase asked a federal court here Friday to postpone a civil suit brought against it by NCUA.

The FHA Friday said it would hike upfront insurance premiums by 10 basis points and aggressively begin selling nonperforming loans at an annual pace of 40,000 units a year.

Sallie Mae today announced the retirement of Albert Lord in December 2013 as the firm's vice chairman and CEO.

The Royal Bank of Scotland and Wells Fargo plan to market a single asset CMBS deal, according to a deal prospectus published today.

Silver Arch Capital Partners expanded its commercial real estate lending platform to include smaller loans that range from $2 million to $5 million.

Trading in the mortgage-backed securities market this week was a tale about risk and reward.

The charges come as part of an investigation led by the SEC, in coordination with the federal-state Residential Mortgage-Backed Securities Working Group.

Citigroup Global Markets estimated that €8 billion of new-issue European CMBS supply will come forth next year.

The HUD has admitted that the FHA Mutual Mortgage Insurance Fund is in the red by at least $16.3 billion with a negative capital ratio of 1.44%.

In a report released today, Citigroup Global Markets analysts said that a record 72% of selected issuers the firm looked at called all eligible auto ABS deals promptly during their latest survey period, which is Sep. 11 to Nov. 12.

Ginnie Mae saw its profits fall almost 50% in fiscal year 2012, according to figures released Thursday.

Aside from adding TBA and specified pools, FINRA also continues to study collateralized MBS and other types of ABS for possible addition to TRACE.

Deals backed by Spanish electricity tariff deficits could be hurt by a proposed energy reform bill due to become law by year’s end.

Freddie Mac reported new records set along 30- and 15-year fixed mortgage rates as well as on one-year ARMs in the week ending Nov. 14.

BofA has so far offered $15.8 billion in consumer relief under the national mortgage settlement. It expects to meet all of its financial obligations by the end of February, two years ahead of its deadline.

American Suzuki Motor Corp.'s, bankruptcy is only marginally negative for the country's rental car ABS sector, Moody's reported.