ABS

The International Organization of Securities Commissions' (IOSCO) technical committee published its final report on the unregulated financial markets and products.

Imperial Capital has hired Anthony Guido as a managing director and senior trader.

Expectation of only sporadic EMEA CMBS issuance confirmed for H2

Cozen O`Connor announced that Marianne Rosenberg and Jill Davidson have joined the corporate law department and will practice out of the firm`s midtown New York office.

The addition of 432 commercial real estate loans roughly $5.2 billion resulted in a 7%

Many deals priced ahead of today’s deadline for investors to request loans from the Federal Reserve to purchase debt backed by consumer and small-business loans through its Term ABS Loan Facility (TALF).

U.K. prepayment speeds among U.K. RMBS transactions have fallen dramatically since the onset of the crisis, as lenders tighten underwriting criteria, rate cuts take hold and the impact of lower house values are felt.

Wells Fargo & Co. is said to be auctioning off a $65 million portfolio of sub- and nonperforming residential loans and is set to take final bids next week.

Deutsche Bank purchased of $67 million of student loans from Northwestern University via its Affiliated Loan Program for Students (“ALPS”).

The latest 2.7% quarterly gain in Freddie Mac's Conventional Home Price Index's (CMHPI) Purchase-Only Series suggests a more broad-based recovery in housing values is starting to emerge. "For the first time in two years average home sales values rose at least a little bit in every region," Freddie Mac vice president and chief economist Frank Nothaft said.

The minutes of the Federal Reserve's Aug. 11 to 12 policy meeting showed that members believe that gradually removing the central bank's purchases of MBS will make the transition easier for financial markets.

Borrowers in the European CMBS deal Titan Europe 2006-3 p.l.c were given a notice on Aug. 18 that an event of default had remained outstanding since the fourth quarter of 2008.

The new lease that Nomura is expected to sign on a 525,000 sq ft., City of London office property named Watermark Place sets never before seen terms in the London City office sector.

The Federal Housing Administration (FHA) is providing a helping hand to some multifamily developers that started construction but had their financing pulled after completing the foundation.

Banking regulators issued a 36-page proposal last week, and while it never mentioned the words "Basel II," it amounted to a first step toward reworking the tortured capital accord.

Standard & Poor's placed on 101 tranches of notes issued by Northern Rock’s U.K. RMBS master trust, Granite, on negative watch.

Mike Kozak's take on modifying troubled commercial loans reflects that of many bankers — optimism with a hint of uncertainty.

The Mortgage Bankers Association (MBA) today released a new paper outlining its proposed framework for a refined government role in the secondary mortgage market designed to ensure liquidity for mortgages without presenting unnecessary risks for the taxpayer.

Jefferies appointed Ward McCarthy, PhD, as a managing director and chief financial economist within the firm’s fixed income group.

The New York Federal Reserve named four dealers who will act as agents for the Term ABS Loan Facility (TALF).