RMBS

The GSEs will emerge as the biggest sellers of troubled home mortgages next year said analysts at Bank of America Merrill Lynch.

Onslow Bay is making its debut in the securitization market with $231 million of bonds backed by mortgage loans the real estate investment trust acquired from several lenders, according to Standard & Poor's.

HomeUnion in Irvine, Calif., has formed a mortgage-brokerage division that will focus on investors in single-family rental homes.

American Homes 4 Rent, the largest publicly traded U.S. single-family home landlord, agreed to acquire a smaller competitor, American Residential Properties Inc., in a deal valued at $1.5 billion, including debt.

Select Portfolio Servicing plans to issue $1 billion in term notes backed by interest and principal payments advanced to mortgages SPS services.

Kensington Mortgage Co. plans to issue a bonds backed by a portfolio of recently acquired GE Money originated U.K. mortgages.

New bank capital rules on the horizon could nearly wipe out secondary trading in most kinds of asset-backeds, said JPMorgan analysts in a report.

A jump in lending in many parts of Europe, coupled with rising economic growth and higher employment, should help bolster the performance of securitizations in Europe, according to Fitch Ratings.

Mortgage consulting firm Clayton Holdings has hired Mark Hughes as a head of sales and marketing.