Structured Credit Investor SCI’s 5th Annual Capital Relief Trades Seminar 17 October 2019, London

Secondary markets

The post-issuance trading or buying and selling of instruments, including, but not exclusively, asset-backed securities or ABS; commercial or residential mortgage-backed securities or MBS or CMBS or RMBS; collateralised debt obligations or CDOs; and collateralised loan obligations or CLOs takes place in the secondary market. Prices established in the secondary market are seen as an efficient means of deriving the value of similar products for valuation purposes.

  • Big appetite

    ABS investors hungry for more deals

    While political developments on the other side of the Atlantic may have increased risk, US ABS still...

    News Analysis    5 July 2016
  • GSE NPL programmes 'favourable'

    The US FHFA has released its first report covering the progress and results from Fannie Mae and Fred...

    News Round-up    4 July 2016
  • Florida NPLs sold

    Freddie Mac is continuing its bulk offloading of NPLs, with its latest auction seeing it sell a comb...

    News Round-up    4 July 2016
  • CLO pay-downs drop

    The number of CLOs paid down in JPMorgan's CLO index (CLOIE) since the May rebalance through 30 June...

    News Round-up    4 July 2016
  • SCI Start the Week - 4 July

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

    Pipeline Additions to the pipeline were limited once again last week, although two large Chinese de...

    News    4 July 2016
  • Countrywide cash benefits 'broad'

    Holders of 512 legacy Countrywide deals receiving allocated shares of US$7.7bn in settlement proceed...

    News    1 July 2016
  • Brexit MSR impact weighed

    The UK's vote to leave the EU last week could hurt valuations for some US residential mortgage servi...

    News Round-up    1 July 2016
  • New York foreclosure boost

    New York Governor Andrew Cuomo last week signed a series of laws that could have a sweeping impact o...

    News    1 July 2016
  • Freddie starts RPL sales

    Freddie Mac is offering its first structured sale of seasoned loans by offloading a US$199m pilot de...

    News Round-up    30 June 2016
  • Damage control

    Brexit hits European ABS recovery, capital markets reform

    The UK's vote to leave the EU has caused untold damage to the recovery of the European securitisatio...

    News Analysis    30 June 2016
  • Reclassification challenges outlined

    A number of financial institutions have reclassified their structured finance books in accordance wi...

    News    30 June 2016
  • US CLOs rebounding

    The US CLO secondary market has begun rebounding in the past few sessions after the caution seen imm...

    SCIWire    30 June 2016
  • Euro ABS/MBS normalising

    European ABS and MBS have been quick to shrug off Brexit worries, with activity building up again th...

    SCIWire    30 June 2016
  • Recruitment rocked

    Brexit compounding ABS hiring issues

    The recruitment outlook for structured finance took a potentially big blow when the UK decided to le...

    News Analysis    30 June 2016
  • Credible values

    AIFMs evaluate Brexit implications

    Alternative investment fund managers (AIFMs) are facing a number of uncertainties following the UK's...

    News Analysis    29 June 2016
  • Settlement reinvestment options weighed

    Current holders of non-agency RMBS from 512 Countrywide deals have finally received almost US$8bn in...

    News    29 June 2016
  • Barclays boosts credit team

    Barclays has recruited Michael Khouri as md and a member of its credit trading team in London. He wi...

    Job Swaps    29 June 2016
  • US CLOs silenced

    The US CLO secondary market has been largely silent in the immediate aftermath of the UK's vote to t...

    SCIWire    28 June 2016
  • Countrywide ratings affirmed

    Fitch has reassured Countrywide bondholders that there will likely be no significant US RMBS rating...

    News Round-up    28 June 2016
  • Euro secondary sidelined

    Most participants are waiting on the sidelines in the European securitisation secondary market amid...

    SCIWire    28 June 2016
  • SCI Start the Week - 27 June

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

    Pipeline Pipeline additions were limited last week. The only ABS was €1bn Silver Arrow...

    News    27 June 2016