The ASF recently released a white paper entitled "Discussion of a Proposed Single Agency Security" that outlines the issues to be addressed in effectively merging the securities markets of Fannie Mae and Freddie Mac to reduce "TBA market inefficiencies." This column will discuss the implications of unresolved issues raised by the report.
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Beacon Container Finance is in the market with a $200 million container ABS transaction. The deal marks the company's debut in the securitization market.
September 24 -
Investors had been anticipating and preparing for QE3 action since spring, so it was only natural for profit taking to emerge, especially with quarter-end approaching.
September 21 -
Director Richard Cordray of the Consumer Financial Protection Bureau has said that lenders should not be overly concerned with potential legal liability for making so-called "qualified mortgages"
September 21 -
The RMBS Working Group, which was formed to probe misconduct in the mortgage market during the run-up to the financial crisis, may be getting ready to take action.
September 21 -
Bank of America this week auctioned off $14 billion worth of residential mortgage servicing rights, according to bidders and advisors close to the situation.
September 21
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Citigroup is marketing a $655 million collateralized loan obligation for Carlyle, the private equity firm's third deal this year.
September 21 -
The pace of new issue CMBS deals maintained momentum with the addition of two new deals on Thursday.
September 21 -
Clopton Capital is now offering borrowers recapitalization options for overleveraged and distressed commercial properties.
September 21 -
Matthew G.J. Duncan, Theresa Kradjian, and Paul Matthews join the firm from Sidley Austin. Sean J.W. Crosky came from Norton Rose, according to a release from the law firm.
September 21 -
e continued CRE deleveraging is a credit positive for the sector even though decreasing CMBS outstandings can hurt liquidity, Standard & Poor's analysts said.
September 21 -
Standard Chartered has appointed Steve Perry as head of capital markets for the Middle East, North Africa and Pakistan, according to a company release. His responsibilities include overseeing the bank's regional securitization business.
September 20 -
Canadian credit card ABS provides good diversification as well as spread pickup for U.S. credit card buyers, Citigroup Global Markets analysts said.
September 20