By the end of this year, RMBS issuers keen on obtaining funding from the European Central Bank, as well as those already using these securities as collateral in sale and repurchase agreements, will need to input data on the underlying mortgages into the newly created European DataWarehouse, known pithily as ED.
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In a report released today, Citigroup Global Markets analysts said that a record 72% of selected issuers the firm looked at called all eligible auto ABS deals promptly during their latest survey period, which is Sep. 11 to Nov. 12.
November 15 -
Ginnie Mae saw its profits fall almost 50% in fiscal year 2012, according to figures released Thursday.
November 15 -
Aside from adding TBA and specified pools, FINRA also continues to study collateralized MBS and other types of ABS for possible addition to TRACE.
November 15 -
Deals backed by Spanish electricity tariff deficits could be hurt by a proposed energy reform bill due to become law by year’s end.
November 15 -
Freddie Mac reported new records set along 30- and 15-year fixed mortgage rates as well as on one-year ARMs in the week ending Nov. 14.
November 15
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BofA has so far offered $15.8 billion in consumer relief under the national mortgage settlement. It expects to meet all of its financial obligations by the end of February, two years ahead of its deadline.
November 15 -
American Suzuki Motor Corp.'s, bankruptcy is only marginally negative for the country's rental car ABS sector, Moody's reported.
November 15 -
Commercial and multifamily mortgage originations fell in the third quarter from a year earlier because of less lending for retail and office properties.
November 14 -
Mortgage bankers are certain that if the fund goes negative, it will result in a premium increase for consumers.
November 14 -
Gleacher & Co. adds two managing directors Brendan Keane and Robert Miller to its MBS and rates division.
November 14 -
Credit card receivables backing asset-backed transactions posted late-stage delinquencies of 1.71% in October, the first increase this year.
November 14 -
Non-profit public corporation Vermont Student Assistance Corp. is planning to sell a deal called Student Loan Asset-Backed Notes, Series 2012-1.
November 14