Weekly Issue Archive »

Issue 221 - 16th February

  • News Analysis

    • CLOs

      • Performing as marketed

        Wider distribution expected for CLO equity

        CLO equity was one of last year's strongest performers, seeing average prices in the mid-20s in January rise to the mid-80s by year-end. Indeed, such performance is expected to pave the way for greater participation in the segment by third-party inve...

    • RMBS

      • Mortgage servicing revisited

        CRE special servicer-style model touted for RMBS

        The FHFA's initiative to restructure the GSE mortgage servicing model (see SCI 19 January) has re-energised debate on servicer compensation. While there is agreement that the current system has many shortcomings, some believe that the proposed change...

  • Market Reports

    • CLOs

      • Supply shortage drives Euro CLOs

        Prices are continuing to climb in the European CLO market as a shortage of underlying supply drives investor activity. Meanwhile, two significant loan restructurings were announced last week. "Prices seem to be going up for the secondary market now...

    • RMBS

      • Testing times for Euro RMBS

        While investor appetite remains firm for European secondary RMBS, the lack of diversification in the primary market is an issue. Uncertainty about market drivers, combined with regulatory concerns is testing participants' commitment to the market. ...

  • News

    • RMBS

      • Shortage in liquidity providers emerging

        Senior investors in UK non-conforming RMBS Alba 2007-1 are set to vote on a controversial proposal regarding the provision of a new liquidity facility. The proposal nonetheless underscores the dearth of liquidity facility providers in European ABS at...

  • Job Swaps

      • Global ABS head appointed

        RBS has promoted Scott Eichel to global head of securitised products and US credit within its global...

      • Eaton Vance exec recruited

        Prytania has appointed Walter Shulits as a non-executive director. Shulits was previously director o...

    • CDO

      • Broker snags CDO pro

        Jim Stehli has joined CRT Capital Group as principal in its securitised products division in New Yor...

      • Citadel on hiring spree

        Citadel has appointed Geoff Coley as head of its fixed income group. He will be based in the firm's...

    • CMBS

      • CRE firm forms advisory

        Grubb & Ellis Company has formed Daymark Realty Advisors, a wholly owned and separately mana...

      • CRE exec hired

        Neil Bane has joined Johnson Capital as principal and head of its equity desk. Based in the firm's N...

      • CRE md recruited

        Berkadia Commercial Mortgage has appointed Hugh Hall as md in its capital markets group. Hall will f...

    • Regulation

      • FDIC staffs up

        The FDIC has hired additional key leadership staff for the Office of Complex Financial Institutions....

    • RMBS

      • Agency debt vet recruited

        BMO Capital Markets has hired three senior fixed income professionals to continue the expansion of i...

  • News Round-up

    • RMBS

      • Senior Irish RMBS targeted

        Moody's expects the top rated notes of Irish RMBS to suffer multi-notch downgrades due to rating act...


Print this issue Click here to access this issue in print format

×