19 June 2013
ABS
Risk factors such as weakening loan credit, stiff competition among originators and readily availabl...
19 June 2013
RMBS
Financial firms are increasingly sourcing externally for post-trade processing functions for MBS to...
19 June 2013
ABS
Moody's expects its private student loan default rate index to continue falling year-over-year in 20...
19 June 2013
Structured Finance
New EU credit rating agency rules enter into force tomorrow (20 June). The aim is to increase rating...
19 June 2013
CDOs
The number of combined defaults and deferrals for US bank Trups CDOs remained stable at 28.2% at end...
19 June 2013
Insurance-linked securities
Pillar Capital Holdings has named Stephen Velotti ceo, effective immediately. He brings nearly 25 ye...
19 June 2013
CMBS
KeyCorp Real Estate Capital Markets (KRECM) has entered into a series of agreements to purchase subs...
18 June 2013
CLOs
New European CLOs afford greater protection to senior noteholders than those issued prior to the fin...
18 June 2013
Structured Finance
S&P says that new issuances of covered bonds warrant just as much scrutiny as securitisation...
18 June 2013
Risk Management
4sight Financial Software has added new features to its collateral optimisation system. The collater...
18 June 2013
ABS
The UK Automobile Association (AA) is prepping a whole business securitisation dubbed AA Bond Co. Pr...
18 June 2013
Structured Finance
The Co-operative Bank has completed a review of its financial position and agreed capital and manage...
18 June 2013
CMBS
Nearly 90% of Fitch-rated pre-2009 US CMBS by balance currently have outstanding interest shortfalls...
18 June 2013
CMBS
The liquidation of a loan in CSFB 2005-C2 has resulted in the first instance of principal losses bei...
18 June 2013
ABS
Sallie Mae has named Steven McGarry as corporate finance svp. He will assume responsibility for all...
18 June 2013
Structured Finance
FactSet has integrated Fitch's credit ratings data across its suite of solutions. The move will give...
18 June 2013
Risk Management
Markit has acquired the assets of Global Corporate Actions Validation Service from the DTCC. The acq...
17 June 2013
RMBS
A recent Spanish Supreme Court ruling could cause lenders to stop applying floor clauses that set mi...
17 June 2013
CMBS
The Harbour Centre office building backing a US$51m loan securitised in MSC 2006-IQ12 has been trans...
17 June 2013
RMBS
Fitch has taken rating actions on three Russian RMBS deals: Red & Black Prime Russia MBS No....
17 June 2013
Risk Management
S&P Capital IQ has launched a portfolio risk solution to help traders, portfolio and risk ma...
17 June 2013
Structured Finance
ESMA has published guidelines and recommendations on the scope of credit rating agency regulation. T...
17 June 2013
CDOs
US CRE CDO delinquencies fell from 13.2% to 12.7% last month, according to the latest index results...
14 June 2013
RMBS
US RMBS non-agency secondary supply was up to US$909m yesterday, with prime and Alt-A fixed rate pap...
14 June 2013
RMBS
The US SEC has settled an enforcement proceeding against eight former directors of five Regions Morg...
14 June 2013
RMBS
Fitch has updated its assumptions for analysing securities backed by Dutch residential mortgage loan...
14 June 2013
ABS
A recent tax amendment relating to income distributed by securitisation trusts to Indian pass-throug...
13 June 2013
Structured Finance
Fitch says that strong political support for depositors makes the risk of losses to structured finan...
13 June 2013
Structured Finance
CR Investment Management has been awarded a mandate to manage 125 residential properties by the Dutc...
13 June 2013
Risk Management
Quantifi has released version 11.0 of its pricing and risk analysis software, which includes over 10...
13 June 2013
RMBS
High LTV ratios and County Court Judgments (CCJs) are the primary default drivers for UK non-conform...
13 June 2013
Structured Finance
Only 1.43% by original balance of European structured finance notes had defaulted by end-1Q13, accor...
13 June 2013
CMBS
The percentage of US CMBS loans paying off on their balloon date registered 59.5% in May, according...
13 June 2013
CMBS
The recovery in midtown Manhattan office prices has been much stronger post-financial crisis than in...
13 June 2013
Insurance-linked securities
Twelve Capital is set to assume the investment management function of Falcon Private Bank's ILS busi...
13 June 2013
ABS
Sallie Mae has closed a US$6.8bn credit facility to facilitate term securitisation of its federally...
12 June 2013
Structured Finance
Recent changes to Spanish mortgage legislation could increase loan repossession periods and potentia...
12 June 2013
CMBS
The recent sale of the Wells Fargo Center has resulted in an estimated US$267m pay-down for the Beac...
12 June 2013
Risk Management
Thomson Reuters has acquired OTC derivatives analytics vendor Pricing Partners. The acquisition is e...
12 June 2013
Structured Finance
Only a few tickets remain for SCI's 6th Annual Securitisation Pricing, Investment & Risk Sem...
12 June 2013
RMBS
The improving US housing market and stable macro environment are supporting legacy US RMBS performan...
12 June 2013
Risk Management
The US OCC has granted seven banks extra time to comply with the swaps push-out rule under Dodd-Fran...
12 June 2013
Structured Finance
The Structured Finance Industry Group (SFIG) has retained the advisory firms of Kristi Leo and Arman...
12 June 2013
Structured Finance
Daniel Rabinowitz has joined the insurance practice group of Kramer Levin Naftalis & Frankel...
12 June 2013
Structured Finance
400 Capital Management has appointed John Bateman as cfo and Tami Witham as director. They will both...
11 June 2013
CDOs
An auction is to be conducted for RFC CDO I on 28 June. An auction was previously conducted for the...
11 June 2013
CMBS
US CMBS issuance has climbed to US$39bn so far this year, compared with about US$15bn during the sam...
11 June 2013
CMBS
Trepp and The Rockport Group have released TreppPort 2.0, an enterprise level commercial real estate...
11 June 2013
Risk Management
S&P Capital IQ has launched a new tool designed to improve users' ability to identify system...
11 June 2013
RMBS
The start of property sales by Spain's bad bank - SAREB - underscores Fitch's ne...
11 June 2013
Risk Management
Barclays reports that it cleared the industry's first single-name credit default swap client transac...
11 June 2013
Risk Management
FCMs Bank of America Merrill Lynch, Barclays, JPMorgan and UBS have confirmed their support for the...
11 June 2013
CMBS
US CMBS late-pays declined by 7bp in May to 7.37% from 7.44% a month earlier, according to Fitch's l...
11 June 2013
Risk Management
ISDA and the Futures and Options Association (FOA) have launched the ISDA/FOA Client Cleared OTC Der...
11 June 2013
RMBS
Fitch has reviewed 92 RMBS transactions previously serviced by Homeward Residential and acquired by...
11 June 2013
Insurance-linked securities
Tokio Solution Management and GC Securities have launched a private catastrophe bond platform called...
11 June 2013
CLOs
Markit has added new loan performance data and analytics to its set of services that streamline the...
11 June 2013
RMBS
Nomura has enhanced its financial institutions team with the appointment of Anthony Viscardi as md....
10 June 2013
ABS
A revised restructuring proposal from pub operator Punch appears to address some of the main concern...
10 June 2013
CLOs
The European Wholesale Securities Market (EWSM) has announced its inaugural listing. Grand Harbour I...
10 June 2013
Risk Management
ISDA has published the 2013 Standard Credit Support Annex (SCSA), which seeks to standardise market...
10 June 2013
Structured Finance
Zolfo Cooper has expanded its financial advisory & restructuring services practice following...
10 June 2013
CLOs
GoldenTree Asset Management has priced a European CLO that is said to not comply with risk retention...
10 June 2013
Structured Finance
The final panellists have been announced for SCI's 6th Annual Securitisation Pricing, Investment &am...
7 June 2013
CDOs
The second auction of the year is being held for Independence IV CDO on 27 June, after proceeds from...
7 June 2013
Structured Finance
Christopher Killian has been named as acting head of SIFMA's securitisation group. He takes over fro...
7 June 2013
CDOs
Former Goldman Sachs trader Fabrice Tourre has failed in his attempt to narrow a US SEC lawsuit agai...
7 June 2013
Risk Management
Two vendors have announced their expansion into pre-trade credit checking for OTC derivatives.
Mar...
7 June 2013
CDS
The final price for Urbi Desarrollos Urbanos Bursatil de Cap Variable CDS was determined to be 19 du...
7 June 2013
CMBS
Freedom Mortgage Corporation has launched a commercial real estate lending division in New York. It...
7 June 2013
CDS
ISDA's board of directors has named Stephen O'Connor as full-time chairman. He will continue to be i...
6 June 2013
Structured Finance
ESMA and the EBA have published their final report setting out their 'Principles for Benchmark-Setti...
6 June 2013
Risk Management
Markit has licensed Quartet FS' ActivePivot offering - an aggregation engine that provides...
6 June 2013
Structured Finance
The US SEC is proposing to reform the way that money market funds operate in order to make them less...
6 June 2013
Risk Management
TriOptima is set to support data verification and portfolio reconciliation of DTCC's trade repositor...
6 June 2013
Structured Finance
Following such issuances in Turkey and Germany, SME-backed covered bonds (SME CBs) are gaining tract...
6 June 2013
CMBS
Goldman Sachs and Bank of America Merrill Lynch are in the market with German Residential Funding 20...
6 June 2013
Insurance-linked securities
Ben Rubin will join AXIS Re as capital markets evp next month. It is a newly-created position in whi...
6 June 2013
CDS
Thirteen dealers submitted initial markets, physical settlement requests and limit orders to the Ban...
5 June 2013
RMBS
New York Attorney General Eric Schneiderman has filed a lawsuit against HSBC Bank USA and HSBC Mortg...
5 June 2013
CMBS
Further details of the Kennedy Wilson/ Värde Partners Europe restructuring proposal for the...
5 June 2013
CMBS
Ladder Capital has named George Kok as head of underwriting. The commercial real estate specialist w...
5 June 2013
CMBS
The weighted average loss severity for all loans backing US CMBS that liquidated at a loss was 40.7%...
5 June 2013
Structured Finance
Gleacher & Company has appointed Christopher Kearns of Capstone Advisory Group as ceo and ch...
5 June 2013
CMBS
CREFC Europe has released 'Guidelines for interest rate hedging in European CRE finance transactions...
5 June 2013
Risk Management
Sapient Global Markets has published an in-depth study on how new central clearing mandates will imp...
5 June 2013
CMBS
Major changes in the US commercial mortgage special servicing business have occurred over the past f...
4 June 2013
Insurance-linked securities
Lancashire Capital Management has appointed Mathieu Marsan as portfolio manager and actuary in Bermu...
4 June 2013
RMBS
The Consumer Financial Protection Bureau (CFPB) has amended its ability-to-repay rule for small cred...
4 June 2013
RMBS
BNY Mellon has enhanced its DM Edge product by expanding its bilateral margining capabilities to inc...
4 June 2013
ABS
Moody's has downgraded 74 classes, upgraded nine classes and confirmed 14 classes of notes in 15 Nat...
4 June 2013
Structured Finance
Babson Capital Europe has launched the Babson Capital Global High Yield Credit Opportunity Fund. The...
4 June 2013
CDOs
Newcastle Investment Corp has divested 100% of the assets in Newcastle CDO IV. The firm sold US$153m...
4 June 2013
Structured Finance
S&P expects new ways of financing infrastructure projects throughout EMEA, developed in the...
4 June 2013
CMBS
The Trepp CMBS delinquency rate inched up by 4bp in May, one month after posting its lowest reading...
3 June 2013
CMBS
HSBC and Lloyds are in the market with a fixed-rate UK CMBS backed by student accommodation. The &am...
3 June 2013
RMBS
Moody's has updated its approach to rating Mexican RMBS. The adoption of the new methodology won't r...
3 June 2013
CMBS
Loan documents for a number of recent CMBS contain revisions to recourse liability provisions that a...
3 June 2013
RMBS
More than US$1bn of losses have been retroactively recognised on 170 US RMBS. The result of mortgage...
3 June 2013
CLOs
Further details have emerged on CELF Advisors' forthcoming €300m European CLO -...
3 June 2013
CDS
GFI Group has named James Toffey as global head of electronic markets. He will be responsible for sp...
3 June 2013
RMBS
The American Securitization Forum has submitted a comment letter in response to the Uniform Law Comm...
3 June 2013
CDS
ESMA has published technical advice evaluating the impact of the regulation on short selling and cer...
3 June 2013
CMBS
US CMBS liquidation volume fell back below US$1bn in May, according to Trepp, although loss severity...
3 June 2013
Structured Finance
Gottex Brokers has opened a London office providing credit trading services in structured credit and...
3 June 2013
Structured Finance
McGraw Hill Financial is making a voluntary open offer to acquire up to 15,670,372 shares in Indian...
3 June 2013
Risk Management
ICE Clear Europe will provide clearing services for NYSE Liffe's London-based derivatives market fro...
31 May 2013
CDOs
A sixth auction is due to be conducted for Libertas Preferred I on 20 June. The securities will only...
31 May 2013
RMBS
The principal balance of mortgages assigned at closing for the Bluestone 2005, Bluestone 2006 and Bl...
31 May 2013
RMBS
The Making Home Affordable Program has been extended from 31 December 2013 to 31 December 2015. The...
31 May 2013
CMBS
The specially serviced US CMBS loan universe fell to US$64.2bn as of 31 March, according to Fitch. U...
31 May 2013
RMBS
The FHFA and Citi have reached a settlement in connection with a suit FHFA filed on 2 September 2011...
31 May 2013
Risk Management
ISDA has published the Recommendation for Financial products Markup Language (FpML) version 5.5. One...
31 May 2013
Structured Finance
Marc Sefton and Kieran McSweeney are leaving RBS to join Shawbrook. They will jointly lead a new who...
31 May 2013
ABS
Moody's has placed under review for possible downgrade 60 classes of notes from 24 private student l...
31 May 2013
Structured Finance
Lewtan has recruited Miten Amin as market applications director and Youriy Koudinov as market applic...
31 May 2013
Structured Finance
Cervus Capital Partners has launched two European ABS mandates: European Amortising ABS Mandate I an...
31 May 2013
CDS
Two auctions to settle credit derivative trades are to be held next week. The first is in connection...
30 May 2013
RMBS
UCI has launched a fixed price tender offer for 11 Spanish RMBS tranches from across the UCI 10 to U...
30 May 2013
Structured Finance
Barclays Capital has named Adam Yarnold as head of US securitised products trading. He is based in N...
30 May 2013
Risk Management
Catalyst Development has appointed Storme Thompson as managing partner. She specialises in collatera...
30 May 2013
RMBS
UCM Partners is rebranding as Semper Capital Management, effective from 1 June. The firm's senior ma...
29 May 2013
CMBS
UK banks - which remain in a process of rehabilitation - continue to provide new...
29 May 2013
RMBS
The remedy of choice for underperforming residential mortgage loans has undergone a sea-change of so...
29 May 2013
Structured Finance
Armando La Morgia has rejoined BlackRock from KNG Securities, having spent five months at the firm (...
29 May 2013
CLOs
Fitch has launched CLO Indenture Abstracts, which will be published for every Fitch-rated US CLO 2.0...
29 May 2013
Structured Finance
DealVector has launched a secure electronic communication network that allows fixed income and illiq...
29 May 2013
RMBS
Moody's has updated its methodology for rating RMBS using the MILAN framework, including the introdu...
29 May 2013
RMBS
Fitch believes the recent US home price gains recorded in several residential markets are outpacing...
29 May 2013
RMBS
Moody's expects self-employed borrowers' exposure to current UK economic weakness not to have a sign...
29 May 2013
RMBS
Statistics Netherlands (CBS) has reported a house price decline in April of 1.4% month-on-month and...
29 May 2013
RMBS
The news that a delinquent borrower in a repossessed property belonging to a Spanish RMBS (Mixto III...
28 May 2013
Structured Finance
The European ABS sector showed a muted response to the volatility seen in equity markets last week....
28 May 2013
ABS
UK airport regulator the Civil Aviation Authority (CAA) last month launched a consultation on initia...
28 May 2013
Structured Finance
Fitch reports that Asia Pacific (APAC) structured finance (SF) tranches remained largely stable in 2...
28 May 2013
Structured Finance
The development of a genuine market for long-term investments - whether for infrastructure...
28 May 2013
CLOs
Carador Income Fund is convening an extraordinary general meeting on 26 June. The company says it in...
28 May 2013
Risk Management
The Alternative Investment Management Association has produced a paper that highlights the key areas...
28 May 2013
RMBS
Ellington Management Group has appointed Steven Abreu to a new role as head of mortgage originations...
28 May 2013
RMBS
Fitch is set to introduce property price indexing into its analysis of Australian RMBS in the near f...
28 May 2013
CDOs
Cowen and Company has been retained as liquidation agent for Ambassador Structured Finance CDO. The...
28 May 2013
CMBS
Annaly Capital Management has completed its acquisition of CreXus Investment Corp (SCI 18 April). An...
28 May 2013
Insurance-linked securities
Losses resulting from the severe tornado that struck Moore, Oklahoma on 20 May are credit negative f...
28 May 2013
Risk Management
A recent Committee on the Global Financial System report says that concerns about an absolute shorta...
28 May 2013
Structured Finance
Amendments to the German covered bond law passed by the German Parliament earlier this month will li...
24 May 2013
CMBS
Changes in the availability, pricing and underwriting stringency of CMBS financing could affect REIT...
24 May 2013
CMBS
With interest rates averaging 3%-4% on regional mall securitisations, retail REITs have been very ac...
24 May 2013
RMBS
Two recent New York State Supreme Court decisions regarding claims arising from US RMBS representati...
24 May 2013
RMBS
Further details have emerged regarding the US$8.7bn non-agency RMBS BWIC scheduled to trade on 28 Ma...
24 May 2013
RMBS
Freddie Mac has begun securitising certain performing modified mortgage loans held in its mortgage-r...
23 May 2013
Risk Management
Calypso Technology has opened an office in Beijing, to service both domestic and international insti...
23 May 2013
ABS
Annualised net losses (ANL) for both US prime and subprime auto ABS dropped in April for the third c...
23 May 2013
CMBS
In assessing the value of a CMBS property, using sustainable income is a better approach than relyin...
23 May 2013
Structured Finance
The European Banking Authority has launched a consultation paper on draft regulatory technical stand...
22 May 2013
CDS
ISDA's Americas Credit Derivatives Determinations Committee has resolved that a failure to pay credi...
22 May 2013
CMBS
New challenges are emerging for special servicers working out European CMBS loans with borrowers und...
22 May 2013
ABS
Three Ohio subsidiaries of FirstEnergy Corp - The Cleveland Electric Illuminating Company,...
22 May 2013
Structured Finance
Moody's has upgraded the insurance financial strength (IFS) ratings of MBIA Insurance Corporation (t...
22 May 2013
CDS
New research from GreySpark Partners examines the state of electronic trading in fixed income market...
22 May 2013
Structured Finance
Singapore-based Temasek has made a significant equity investment in Markit. The addition of Temasek...
22 May 2013
RMBS
Newcastle Investment Corp has spun off its New Residential Investment Corp subsidiary. New Residenti...
22 May 2013
Structured Finance
BlueBay Asset Management has closed the BlueBay Direct Lending Fund, having raised over €8...
22 May 2013
Structured Finance
Highland Capital Management has appointed Jun Park as director of business development, Korea. He is...
22 May 2013
Structured Finance
The EBA has issued a discussion paper presenting the methodology and scope of its forthcoming analys...
22 May 2013
Structured Finance
Will Howard Davies has agreed to serve on the Prime Collateralised Securities (PCS) Market Committee...
21 May 2013
RMBS
The secondary US non-agency RMBS market has had an active start to the week, boosted by a CDO liquid...
21 May 2013
ABS
TAL International has re-priced its TAL Advantage IV Series 2010-1 transaction via an amendment to t...
21 May 2013
CDOs
US CRE CDO late-pays remained flat in the month of April, at 13.2%, according to Fitch's latest inde...
21 May 2013
Structured Finance
SIFMA has appointed former three-term US Senator Judd Gregg as ceo. At the same time, the associatio...
21 May 2013
ABS
Total US timeshare ABS delinquencies for 1Q13 stand at 3.27%, down from 3.55% in 4Q12 and 3.58% in 1...
21 May 2013
RMBS
Specialised depositary and management company roles are critical for Russian RMBS transactions, Mood...
21 May 2013
CLOs
Managers' increasing desire to include sterling assets - funded with either euro or sterli...
21 May 2013
Structured Finance
Treliant Risk Advisors has expanded its mortgage and risk management capacity with five financial se...
21 May 2013
CDOs
Combined defaults and deferrals for US bank Trups CDOs have remained stable, standing at 28.2% at th...
21 May 2013
Structured Finance
Annaly Capital Management has named Glenn Votek as chief administrative officer. He brings over 20 y...
21 May 2013
Insurance-linked securities
Willis Capital Markets & Advisory has appointed Michael Guo as md and head of Asia. Based in...
21 May 2013
CDS
Concern that ISDA's plan to update the CDS definitions (SCI 19 December 2012) could impact the liqui...
20 May 2013
Structured Finance
The OCC has clarified a provision of the market risk capital rule. Specifically, it has addressed th...
20 May 2013
Risk Management
Misys has released Sophis VALUE v5, which is designed to offer increased transparency for traditiona...
20 May 2013
CDOs
New York's Appellate Division, First Department last week reversed a lower court's order and dismiss...
20 May 2013
RMBS
Ally Financial has entered into a comprehensive plan support agreement with the Residential Capital...
20 May 2013
RMBS
Fitch has downgraded 97, affirmed 194 and upgraded three tranches from 80 Spanish RMBS. The agency h...
20 May 2013
CLOs
Lawrence Berkovich has joined Mayer Brown in Charlotte as a partner in the banking and finance pract...
20 May 2013
ABS
Fitch has updated its criteria for US FFELP student loan ABS. The agency has placed 192 tranches on...
20 May 2013
CMBS
Ed Barrett has left Morningstar to take up a role as CMBS director at Kroll Bond Rating Agency. He w...
20 May 2013
RMBS
Keeyeol Nam has joined Tilden Park in New York as md to lead a team trading agency mortgages and mor...
20 May 2013
Structured Finance
John Robbins has joined Lucidus Capital. He becomes a research analyst in the investment manager's N...
|
|
|
back to top
|
|
|
|
"SCI delivers relevant and insightful editorial for those operating in the structured credit and asset backed markets. As a subscriber we have found it a useful resource to keep abreast of the key issues and news affecting our industry, whether it’s up to the minute deal information, analysis of regulatory issues, technology news or people moves. Its growing data business and focused conference programme demonstrate that the team understands what the market wants and they are dedicated to delivering that intelligence via the most useful channels. All of Principia’s work with the SCI team has been collaborative and their input, as well as the platform itself, has been a valuable contribution to our overall marketing efforts" - Douglas Long, EVP Business Strategy, Principia Partners
We cover all ABS & structured credit including Collateralised loan obligations (CLO), Residential mortgage backed securities (RMBS), Commercial mortgage backed securities (CMBS), Collateralised debt obligations (CDO), Credit default swap (CDS) or Insurance linked securities (ILS). And there are several other news categories besides, covering all aspects of structured finance. SCI is aimed at the buy-side; our mission is to provide deeper and more accurate coverage of structured finance to market participants than is available elsewhere. Our readership includes portfolio managers, broker-dealers, hedge funds, CDO managers, asset managers, banks and CFOs the world over. Register for a two week free trial today or subscribe to SCI.
SCI also offers a series of educational and networking conferences in London and New York on the Regulations, Pricing and Risk Management.
|
|
|
