The rise in home values has limited impact on residential mortgage-backed securities loss severities on liquidated loans that are backed by properties that have been delinquent for three years or more, according to Moody’s Investors Service.
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Interest rates on Federal Direct Subsidized Loans today doubled to 6.8% from 3.4%; but the higher rates won’t have too much of an impact on securitization deals backed by these loans.
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Investors at an S&P roundtable said that differences among mortgage-backeds in the caliber of their rep and warranty providers has't translated into differences in deal pricings.
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Fitch Ratings today released its analysis of GSE historical mortgage loan-level credit performance data to help investors looking into the upcoming “credit-sensitive” securitization proposals by Freddie Mac.
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Improving liquidity in the broader financial markets failed to stem the widening in spreads on asset-backed securities last week, according to J.P. Morgan.
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Guggenheim Securities is marketing $350 million of aircraft lease backed securitties according to a Standard and Poor's.
July 1
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Credit Suisse plans to securitize the residual interest on a legacy private student loan ABS in its latest deal called Credit Suisse ABS Repackaging Trust 2013-A (2013-A).
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View the year-to-date manager rankings for the different ABS sectors, including real estate, credit cards and autos.
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Ongoing litigation may clarify on the responsibilities of trustees in residential mortgage backed securities, but market participants aren't waiting around to find out.
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Roughly in step with other markets, structured finance pricing and issuance in June was governed by questions of how quickly the Federal Reserve would rein in its asset-buying spree.
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Why Sen. Al Franken’s (D-Min.) efforts at ratings agency reform are obstructed by a wall of denial.
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Delayed draw features, which allow CLO managers to avoid paying noteholders until deals are invested, have gained momentum.
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