RMBS

Groupe Banque Populaire, Caisse D’Epargne's €50 billion ($68.5 billion) RMBS program with a 10-year revolving period is the second French deal backed by mortgage securities to be issued this year, according to Standard & Poor’s.

EFG Private Bank’s RMBS is backed by loans that are secured by London and South East England properties.

Credit Foncier de France is marketing the first securitization of French residential mortgage since 2006, according to Moody’s Investors Service.

The deal, Moorgate Funding 2014-1, will offer £510 million ($858 million) of notes backed by first-lien, U.K. non-conforming residential mortgages owned by Kilimanjaro AM.

The deal, which is rated by Standard & Poor's, will offer £242.53 of notes backed by higher-risk U.K. mortgages.

Ginnie Mae has halted the transfer of mortgage servicing rights from Bank of America to a nonbank servicer because the bank is missing documents such as recorded mortgages and title policies on the underlying home loans.

Since the first securitization of single-family rental properties materialized last November, the sector has drawn criticism from housing analysts and politicians.

Fitch Ratings has taken positive rating action on 150 tranches of 113 structured finance transactions that are capped relative to the sovereign ratings of Ireland, Portugal and Spain.

Barclays analysts believe the regulators will find it hard to ignore a call last week by the European Central Bank (ECB) and Bank of England (BoE) to ease the rules governing securitization activity in Europe.

Skipton Building Society plans to issue a new U.K. prime RMBS transaction, Darrowby No. 3 that is strucgurd with only by on publicly placed, British pound sterling-denominated tranches.