Bear Stearns abandoned its credit guidelines for reviewing borrowers whose MBS it sold to investors over a roughly five-year period beginning in 2003, New York Attorney General Eric Schneiderman charged in a civil lawsuit filed in Manhattan.
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Westgate Resorts said that the securitization market has allowed the company to lock in fixed-rate capital while eliminating refinancing risk on these portfolios.
December 3 -
The Credit Suisse deal called CSMC Trust 2012-CIM3 makes considerable effort to address R&W mechanics that continue to result in controversy and litigation for legacy RMBS, S&P analysts wrote.
December 3 -
Although the securitization market is still struggling to regain its post-crisis footing, there are glimpses of hope. In this month's cover story, for instance, Nora Colomer explores a potential source of new deal flow.
December 1 -
One of the few positive outcomes of the financial crisis has been the strong performance of consumer ABS, which has become the gift that keeps on giving to investors
December 1 -
The private-label RMBS market may experience a quadrupling in volume in 2013 over 2012 as issuers see more favorable terms.
December 1
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The European securitization market has been stuck in a holding pattern, thanks largely to regulatory uncertainty, and it is likely to remain so through next year.
December 1 -
As policymakers mull the future of U.S. mortgage policy,FHFA chief Edward DeMarco sees a potential starting point in an entity he does not regulate: the FHA.
December 1 -
Given the importance of housing to MBS credit and prepayment performance, MBS investors have always kept one eye on trends in national and regional real estate markets.
December 1 -
Utilities and regulators are pushing to meet evolving green energy requirements, and securitization offers a cost-effective way to finance the cleanup.
December 1 -
CMBS have enjoyed a steady recovery in spreads and dramatic improvement in credit performance this year, setting the stage for a pickup in issuance in 2013.
December 1 -
A highlight in the month was Barclays Bank's first SEC-registered credit card platform called Dryrock Issuance Trust.
December 1 -
See results from the Mortgage Bankers Association's Refinance and Purchase Indexes as well as the weekly mortgage rates surveyed by Freddie Mac.
December 1