RMBS

The U.K. Financial Services Authority relaxed bank capital requirements for loans granted under the Bank of England's, Funding for Lending Scheme, which could lead to more bank lending, according a Standard & Poor's sector update published today.

Dealogic, the data analytics provider, reported that global non triple-A rated securitization volume has increased 27% from the same period in 2011 and marks the highest year-to-date volume since 2007.

After surging 19.6% the last week of September as mortgage rates fell to new historic lows, refinancing activity eased back.

Investment bank EA Markets is muscling up their structured finance team by bringing on three new hires: Neil Winward, Greg Raykher, and Gerry Kaufman.

The U.S. housing recovery will vary by price range, location and seasonal adjustments to distressed property sales. These same factors also define how MBS deals are impacted, according to an Oct.9, Amherst Securities report.

Federal regulators are targeting another financial firm in connection with its mortgage activities before the housing crisis.

Two Democratic senators are urging federal regulators to reconsider a proposal that would require certain MBS issuers to maintain a reserve account during the life of a private mortgage securitization.

Both upper and lower coupons had their days in the sun this week. Over Monday and Tuesday it was lower coupons that outperformed; over Wednesday and Thursday it was up in coupon that led, and on Friday into mid-day the entire stack was doing well.

Foreign covered bonds that target U.S. investors are increasingly coming to market. The latest deal from NordLB will access U.S. investors via the 144A market but issuers have recently explored other options.