LOGIN
 

NPLs

NPLs refers to securitisations that are structured utilising non-performing loans from either one or a collection of loan issuers. Typically involving large whole loan portfolios from distressed asset investors or non-core asset disposals from a bank, NPL securitisations are a strongly growing part of the structured credit and ABS markets. NPL structures used to date include ABS, RMBS and CLOs, though it is likely that these will broaden to CMBS and beyond in time.


  • Third community NPL pool sold

    Fannie Mae has auctioned off its latest community impact pool of non-performing loans to New Jersey...

    News Round-up    31 May 2016
  • Further Freddie NPLs auctioned

    Freddie Mac is auctioning off its third batch of NPLs this year, a US$783m collection of seasoned re...

    News Round-up    27 May 2016
  • China NPL deals imminent

    The Chinese NPL securitisation market is set to begin re-emerging with China Merchants Bank...

    News Round-up    26 May 2016
  • FNMA NPLs scooped up

    Goldman Sachs is the latest winning bidder in Fannie Mae's ongoing process of sell...

    News Round-up    16 May 2016
  • SCI Start the Week - 16 May

    A look at the major activity in structured finance over the past seven days

    Pipeline While ABS additions to the pipeline were steady last week, they were joined by a greater v...

    News    16 May 2016
  • Freddie offers new NPL batch

    Freddie Mac has put up for auction a further US$135m of NPLs. The loans are serviced by JPMorgan and...

    News Round-up    13 May 2016
  • Italian insolvency laws praised

    Fitch says that changes made to Italy's insolvency laws since mid-2015 are positive, as they should...

    News Round-up    11 May 2016
  • China NPL challenges considered

    The Bank of China (BOC) has announced that it is proactively preparing for the pilot implem...

    News    11 May 2016
  • IMF warns China over NPLs

    The IMF has praised Chinese attempts to tackle its debt problem through new schemes that introduce N...

    News Round-up    27 April 2016
  • NPL definitions mooted

    The Basel Committee has issued for consultation a document entitled 'Prudential treatment of problem...

    News Round-up    18 April 2016
  • GSEs offer new mod programme

    Fannie Mae and Freddie Mac will offer principal reduction to certain seriously delinquent, underwate...

    News Round-up    15 April 2016
  • Italian policy changes welcomed

    The Italian government is proposing to create a €5bn fund capitalised by the strongest fin...

    News    14 April 2016
  • Further NPLs up for bid

    Fannie Mae has announced its latest sale of non-performing loans, including a third Community Impact...

    News Round-up    13 April 2016
  • CRM sold to management team

    Banc of California has agreed to sell The Palisades Group to Palisade Holdings I, which is owned by...

    Job Swaps    8 April 2016
  • China NPL rules mooted

    Chinese authorities are pushing to incorporate NPLs as a fully-fledged product within the country's...

    News    7 April 2016
  • SCI Start the Week - 4 April

    A look at the major activity in structured finance over the past seven days

    Pipeline The week following Easter marked a slow-down in the pace of deals joining the pipeline. At...

    News    4 April 2016
  • GACS debutant in the pipeline

    Banca Popolare di Bari is set to become the first bank to launch a non-performing loan (NPL) securit...

    News Round-up    30 March 2016
  • Freddie offloads more NPLs

    Freddie Mac has sold off a further US$1.4bn of seriously delinquent loans serviced...

    News Round-up    24 March 2016
  • RPL, NPL approach updated

    Moody's has made updates to its rating methodology for securitisations backed by N...

    News Round-up    24 March 2016
  • AnaCap increases Italian NPL holdings

    AnaCap Financial Partners has purchased two Italian NPL portfolios with a face value of more than &a...

    News Round-up    4 March 2016
  • Fannie NPL pool purchased

    New Jersey Community Capital (NJCC) is the winning bidder for Fannie Mae's second community impact p...

    News Round-up    29 February 2016