RMBS

Fannie Mae’s final risk sharing transaction of the year was with reinsurers.

Don’t expect much of an impact on structured finance next year from the Fed rate hike and its decision to raise rates gradually.

Standard & Poor's revised its criteria over a year ago; yet the majority of the deals that came to market in 2015 refinanced portions of the often-unrated variable funding note commitments that were extended by bank lenders during the six-month rating moratorium.

Most investors in a recent survey said they want to ditch the pricing benchmark now used for many kinds of securitization.

Asset management firm Ranieri Strategies has hired Eric Kaplan the former head of MBS Finance at Shellpoint Partners. Both are companies founded by Lewis S. Ranieri.

Santander is marketing €1.33 billion ($1.45 billion) of notes backed by a portfolio of Spanish residential mortgages.

Amherst Pierpont Securities, an independent fixed-income broker-dealer, announced several senior hires today as it seeks to deepen leadership expertise across the firm.

CarVal Investors, which made its debut in the securitization market just last month, is back with a second helping of bonds backed by re-performing mortgages.

In their search for ways to shift the credit risk of mortgages from taxpayers to the capital markets, Fannie Mae and Freddie Mac may be overlooking important players: the lenders that make these loans in the first place.

Fannie Mae and Freddie Mac are exploring ways offload risk to a range of players, and, in an effort to produce something that mimics as closely as possible the risk in private-label mortgage securitization, they have been moving to deals with exposure to actual losses, as opposed to estimated losses.