- Europe
OneSavings Bank had its £167 million ($266 million), privately-placed, U.K. RMBS that is backed by non-conforming mortgages rated by Standard & Poor’s.
October 10 -
Fannie Mae’s risk sharing transaction may be similar to Freddie Mac’s deal but some key difference broaden the deal’s investor appeal an could tighten pricing by up to 50 basis points, said Deutsche Bank analysts in a report today.
October 9 -
Participants at ABS East held forth on value opportunities in securitization and how increases in interest rates, loosening underwriting standards and the debt ceiling stalement ought to inform investor behavior over the short-to-medium term.
October 8 -
Fannie Mae and Freddie Mac filed paperwork Monday to merge the two companies' securitization platforms into a single unit, according to the Federal Housing Finance Agency.
October 8 -
It was predictable that ABS East would be rife with criticism of how eminent domain is being used by local governments to seize mortgages.
October 8 -
Don't listen to the noise about a growing bubble in housing, said ABS East participants. There's plenty of reasons to believe there's nothing of the sort.
October 7 -
Clayton Holdings said Dan Pinero is the director of operations and Joe Oxment is the director for client services of the firm's expanded securitization group.
October 7 -
Deutsche Bank is collaborating with Bloomberg on a new option adjusted spread model for agency mortgage backed securities and collateralized mortgage backed securities.
October 7 -
American consumers continue to shed debt and cut down on their late payments - with the notable exception of student loans. But does this mean that originations are going to rev up soon?
October 6 -
Fannie Mae stepped up to bat with a rated version of therisk share security first introduced to the market in July by Freddie Mac. Fitch Ratings assigned the deal ‘BBB-’.
October 4