Securitization

Assured Guaranty said it plans to free up about $1 billion in capital over the next three to five years as it winds down a structured finance portfolio.

The National Association of Realtors' (NAR) pending home sales index (PHSI) rose 3.7% in October and posted its ninth consecutive monthly gain.

Clayton Holdings said it supports a new universal loan identification code, known as ASF LINC, which was jointly developed by the American Securitization Forum (ASF) and Standard & Poor's Fixed Income Risk Management Services (FIRMS).

State Street has signed an agreement to acquire Mourant International Finance Administration for an undisclosed amount of cash.

The U.K. Treasury announced proposals to extend the Financial Services Authority (FSA) regulation to buy-to-let, second charge mortgages as well as unregulated third parties that have bought mortgages.

Recent prepayment data has highlighted the more aggressive buyout activity in FNMAs relative to FHMLC Golds.

Lend America, the embattled Long Island-based Federal Housing Administration (FHA) lender, said it has halted all loan production, a move that comes less than 24 hours after the government ordered the nonbank to cease underwriting and funding government-backed products.

The Treasury Department's latest attempt to encourage servicers to modify more loans is unlikely to work because it does not address key underlying problems, sources said.

The Committee of European Securities Regulators' (CESR) recent consultation on proposals for pan-European definitions of money market funds (MMFs) paves the way towards a convergence of pan-European standards, Fitch Ratings said.

Fitch Ratings cut $2 billion of floating rate notes issued by Thor Asset Purchase to

The U.K.'s Council of Mortgage Lenders weighed in on the U.K. Treasury's plans to extend the Financial Services Authority's oversight of the industry in certain ways with what it characterized as a "mixed" response to the proposals.

BAA Limited, an airport company owned by Grupo Ferrovial, announced that it has successfully placed a GBP700 million ($1.14 billion)bond, with a 2026 maturity and a fixed annual interest coupon of 6.75%.

Norton Rose has hired former Clifford Chance partner Kate Alliott to its capital markets practice.

The U.S. Treasury and Department of Housing and Urban Development (HUD) unveiled measures that will make modifications under the Home Affordable Modification Program (HAMP) currently in the trial phase into permanent loan modifications by the year end.

The U.S. Treasury Department said today that Marathon Asset Management is ready to start buying toxic assets under the Public-Private Investment Program(PPIP).

Fitch Ratings downgraded notes issued by UAE CMBS VEHICLE NO. 1 in the aftermath of Dubai World’s announcement that it would seek a six-month standstill of payments on its debt and that of its developer unit Nakheel.

Standard & Poor's downgraded $43.74 billion European CDOs after updating ratings criteria in September.

Friends Provident appointed Dominic Fryer as strategy and risk manager in its corporate team.

Macquarie Group equities broking unit appointed Jeremy Kloiser-Jones to the new role of Asia head of structuring and derivatives solutions.

Deloitte & Touche is about to further boost its securitization and leveraged loan efforts by hiring for its software development team.