RMBS

KGS-Alpha Capital Markets added three new regional sales offices in Fort Lauderdale, Florida; Reston, Virginia and Chicago, Illinois.

The Receivables Exchange, an online marketplace for real-time trading of commercial receivables, launched its corporate auctions program.

United Capital Markets (UCM) is hosting tonight's concert and cocktail party that headlines Big Head Todd and the Monsters at Information Management Network’s (IMN) ABS East conference.

Expanding QE into Treasurys could cause general yield levels to decline by around 25 basis points, which could raise the pace of the Federal Reserve portfolio runoff from $25 to $30 billion per month up to $40-45bn in the short term, according to JPMorgan Securities analysts.

Ally Financial has completed the sales of its European mortgage assets and operations to Fortress Investment Group, effectively exiting the European market.

Speakers at the Information Management Network’s (IMN) ABS East conference discussed the role of securitization in boosting the country’s economy. The IMN gathering is being held in Miami Beach this week.

Analyzing credit risk in the RMBS sector has increasingly become more granular post crisis, said participants in yesterday afternoon’s panel at the Information Management Network’s ABS East conference. The gathering is being held this week in Miami Beach.

Anworth Mortgage Asset Corp., which buys MBS in the secondary market, reported a third quarter common dividend of $0.23 a share, an 8% reduction from the dividend declared in the second quarter.

ABN Amro priced its €3.9 billion ($5.3 billion) RMBS issue from its Goldfish Master trust program, according to market reports.

As the U.S. grapples with staging a private-label mortgage market comeback, some analysts have pointed to the Danish mortgage market model as a possible solution.