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United States

Adam Tempkin

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

Mar 24 2014

ABS primary supply slows into quarter-end

NEW YORK, March 24 (IFR) - ABS dealer offering levels were mostly unchanged on Monday across all asset classes, as the primary market remained quiet before the quarter-end.

Mar 21 2014

Redwood returns despite bank bid

NEW YORK, March 21 (IFR) - The sway of better economics of whole-loan mortgage sales may still not be a strong enough reason to keep originators away from the US private-label securitisation market, which has suffered this year from a lack of issuance.

Mar 19 2014

Colony Capital markets industry's second-ever REO-to-rental bond

NEW YORK, March 19 (IFR) - Colony Capital on Wednesday began marketing the second-ever bond based on rental income from foreclosed US properties bought up after the financial crisis and now rented to single families.

Mar 13 2014

End of Fannie, Freddie would mean RMBS comeback

NEW YORK, March 13 (IFR) - The Senate Banking Committee's agreement on winding down Fannie Mae and Freddie Mac, the country's biggest mortgage financiers, brings the US government's plan to end its dominance of the housing finance market a step closer to reality.

Mar 11 2014

Market awaits Freddie Mac's USD1.15bn RMBS bid list

NEW YORK, March 11 (IFR) - Freddie Mac is preparing to sell USD1.15bn of legacy mortgage-bond paper as soon as Thursday, according to market sources, as it looks to meet goals set by regulators to reduce illiquid portfolio assets by 5% a year.

Mar 07 2014

First energy-efficiency bonds sold to investors

NEW YORK, March 7 (IFR) - The first-ever ABS backed by property-tax assessments funding residential renewable-energy and energy-efficient projects - known as Property Assessed Clean Energy loans - priced yesterday.

Feb 28 2014

Mortgage servicers plan more MSR risk-transfer bonds

NEW YORK, Feb 28 (IFR) - Embattled mortgage servicer Ocwen Financial and at least one other US servicer are actively working on new types of mortgage servicing rights (MSR) securitizations, known as direct-debt prepayment-risk deals or MSR IO (interest-only) trades.

Feb 19 2014

Vacancy rates higher than expected in first REO to rental deal

NEW YORK, Feb 19 (IFR) - The stabilized vacancy rates for the single-family home rental properties backing the first-ever REO-to-rental securitization from Blackstone's Invitation Homes unit were higher than that predicted by the issuer.

Feb 14 2014

Dell plots its first asset-backed bond deal

NEW YORK, Feb 14 (IFR) - PC maker Dell is heard to be eyeing the term asset-backed securities market on its own for the first time ever, six years after shedding its long-time funding partnership with CIT group.

Feb 14 2014

LaGuardia Airport pitched securitisation plan to fund overhaul

NEW YORK, Feb 14 (IFR) - At least two European banks have floated the idea of applying a UK-style whole-business securitisation approach to finance the US$3.6bn overhaul of the United States' LaGuardia Airport, according to sources with knowledge of the proposals.

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