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.
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
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.
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.
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.
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.
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.
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.
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.
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.