The holiday-shortened first week of July and third quarter had its own brand of fireworks with more records set on various MBS benchmarks as central bank easing actions in the European Union and China, along with weak economic news, kept the bid on risk aversion.
-
Daniel Ornstein joined GoldenTree and is cohead of its trading business along with Corey Geis.
August 28 -
There is a clause in the Treasury’s revised bailout deal allowing Fannie Mae and Freddie Mac to sell up to $250 million of assets in one fell swoop.
August 28 -
The National Association of Insurance Commissioners may increase the capital requirements primarily on securities that are not currently classified as NAIC 1.
August 28 -
Nissan Motor Acceptance Corp. is planning to issue a transaction under its Nissan Auto Receivables Owner Trust.
August 28 -
Kelly Thompson Cochran will now serve as the acting assistant director for regulations at the Consumer Financial Protection Bureau.
August 27
-
The federal regulatory monitor of the robo-signing agreement with the five servicers has recruited five directors to help manage the Office of Mortgage Settlement Oversight.
August 27 -
Hertz Chairman Mark Frissora said that, over time, Hertz would assume Dollar Thrifty’s financing of its fleet of rental cars that are currently financed via securitization.
August 27 -
The National Association of Realtors projected that multifamily vacancy rates will fall to 4.2% this quarter versus 5.6% a year ago.
August 27 -
The most recent collateralized debt obligation rated by Standard & Poor’s would bring total issuance in the sector in the year to date to $23.8 billion, according to the agency.
August 27 -
ResCap has been scaling back over the past year and its ability to attract new talent could bode well for the company.
August 27 -
Barclays Capital said that from 2010, U.K. and Canadian credit card lenders have issued roughly $11.5 billion of ABS notes backed by non-U.S. dollar-denominated receivables.
August 24 -
Minutes boost QE3 odds and lower coupons
August 24