 |
| |
|
Asset Securitization Report
|
©
|
|
|
|
|
|
|
Six Months and Counting to New CLOs?
Ever since the credit drought set in, loan market participants have been wondering when a new CLO would fall from the sky. There have been a number of predictions regarding CLO activity over the past year or so, but only a few have actually materiali....
|
Securitization Finds Life in an Insurance Industry Segment
Life settlement securitizations have picked up some renewed interest in recent weeks, and the sector is better placed than ever to live up to its volume potential. However, it still needs to get a few things in order for it to really take off. A life....
|
ABS East: Is it the Coast Clear? The securitization market may be reaching some level of equilibrium. Reinforcing this sentiment is the notable increase in the number of attendees...
The securitization market may be reaching some level of equilibrium. Reinforcing this sentiment is the notable increase in the number of attendees from last year who gathered at Information Management Network's (IMN) 15th Annual ABS East conference l....
|
ABS: Still Viable, We Hope
Things were rosier at last week's ABS East gathering. For one, attendance was up 33% versus last year, according to Information Management Network figures. More importantly, the fighting spirit was back. In contrast to last year's downtrodden mood, a....
|
U.K. Servicers: Situation For Securitized Loans May Be Better Than Investors Think
U.K. loan servicers have never been more under scrutiny, given the current state of the economy and with increasing numbers of loan defaults and limited options for refinance. Although some structured finance investors might believe the current situa....
|
Colombian RMBS Stays A World Apart
Last year, RMBS issuance in major markets of the U.S. and Europe plunged due to either sickly collateral, skittish investors or a combination of both. Colombia, meanwhile, put out a record volume of Ps1.6 trillion ($834 million) in RMBS domestically.....
|
Aussie Mortgages Shrug Off Foreign Crisis But RMBS Activity Still Leans on Govt
On October 7, the Reserve Bank of Australia bumped up the benchmark cash rate by 25 basis points to 3.25%, signaling a turnaround in policy since the monetary authority began cutting the rate in September 2008 from 7.25%. The move was the first inter....
|
Pay Limits and Financial Reform
Discussions and proposals on reining in the excesses of the financial system remain active. The last few weeks saw an announcement by the Federal Reserve targeting executive compensation as a component of its plans for financial reform, along with di....
|
Realpoint Adds Competitionin Rating Agency Space
The financial crisis of the last couple of years has brought to the fore the shortcomings of the major credit rating agencies. The failings of the big three have created space at the table for others, including the Horsham, Penn.-based Realpoint, a c....
|
East Side CRE on the Rocks
When Tishman Speyer Properties and BlackRock Realty acquired Stuyvesant Town-Peter Cooper Village on Manhattan's lower East Side for $5.4 billion three years ago, it was billed as a marquee property purchase. But a recent New York Court of Appeals ru....
|
As Fed Winds Down, What's Next for MBS Supply and Spreads?
At the Federal Open Market Committee's meeting in late September, its statement indicated that it would slow the pace of its MBS buying, extend the purchases through the end of the 1Q10 and buy the entire $1.25 trillion. In the weeks prior to the adj....
|
|
|
|
|
