Weekly Issue Archive »

Issue 499 - 29th July

  • News Analysis

      • Auditing issues

        Subordinate assumptions, transparency examined

        Auditing the accuracy of a client's most complex fair value measurements is no mean feat. There are several factors that make the process more challenging, however. Top of the list is the ability to gain sufficient transparency into the assumptions u...

    • ABS

      • Benchmark beginnings

        Positive reception for debut device payment ABS

        Verizon's debut securitisation of device payment plan agreements (DPPAs) earlier this month marked the successful launch of a new asset class, which has the potential to become an on-the-run benchmark consumer ABS sector. Heavy oversubscription of th...

    • RMBS

      • Foreign policy

        US agency MBS picking up European, Asian demand

        A surge in foreign interest in US agency MBS over recent months is adding a broader dynamic to the sector. Asian and European accounts are leading the charge in demand, with the latter emerging as a new investor frontier. Indications of shifting de...

  • SCIWire

    • Secondary markets

      • Euro secondary slow

        The summer slowdown is manifesting itself across the bulk of the European securitisation secondary m...

      • US CLOs to be tested

        The US CLO secondary market is continuing to rally, but will be tested by a busy BWIC schedule today...

      • Euro CLOs switch

        Activity in the European CLO secondary market has switched from sporadic to fluid this week. "The...

      • US CLO rally continues

        The US CLO secondary market is continuing a strong week with buyers still pouring money into the spa...

  • News

    • Structured Finance

      • SCI Start the Week - 25 July

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

        Pipeline Last week's pipeline activity was largely in line with the week before it. There were four new ABS added to the list, along with three RMBS, three CMBS, a CLO and a CDO. US$190m Earnest Student Loan Program 2016-C, €1bn IM BCC C...

    • CLOs

      • CLO trading flexibility 'reducing'

        US CLO 2.0s are losing trading flexibility because of leveraged loan quality deterioration and diminished spreads, says Moody's. Managers are struggling to maintain compliance with collateral quality tests while sourcing eligible collateral investmen...

  • Job Swaps

    • Structured Finance

      • Maynard team poached

        Bradley Arant Boult Cummings has brought in Julia Bernstein as one of five new recruits to the law f...

      • Capital markets pro tapped

        LeaderOne Financial has hired Todd Leddon as svp of capital markets. In the role, he will focus on i...

      • ABL team recruited

        Texas Capital Bank has recruited Chris Capriotti, Jeff Tompkins and Olivia Pipitone to take on respo...

      • BNP picks up duo

        BNP Paribas is continuing to reshape it securitisation team in Europe with the additions of Bilal Hu...

    • CDO

      • Soloso sales underway

        Wells Fargo - as trustee for Soloso CDO 2005-1 - has conducted a series of public and private sales...

    • Risk Management

      • OTC expert hired

        CloudMargin has recruited Lee McCormack as head of product strategy for its London headquarters. The...

    • RMBS

      • Call for claims issued

        The administrator of the Credit Suisse Bulk Settlement Practice (BSP) Fair Fund has called for eligi...

  • News Round-up

      • FFELP criteria updated

        Fitch has published its revised criteria for rating US FFELP student loan ABS. The main changes to t...

    • Structured Finance

      • Korean issuance slows down

        South Korean ABS issuance in 1H16 was down year-on-year by 43.9%, with a total figure of just Won27t...

      • APAC ratings supported

        Fitch affirmed the long-term ratings on 131 Asia-Pacific structured finance and structured credit (S...

      • Green bonds surging

        Global green bond issuance rose in 2Q16 to a new quarterly high of US$20.3bn, US$3.4bn more...

    • CMBS

      • Loan leverage stabilising

        The credit profile of US conduit CMBS loans was substantially unchanged between the first two quarte...

    • Insurance-linked securities

      • AIR to model pandemic ILS

        AIR Worldwide has been chosen by the World Bank Group to model its Pandemic Emergency Financing Faci...

    • NPLs

      • NPL policy options offered

        The EBA says that the revival of the EU market for securitisation may widen the range of options tha...

    • Risk Management

      • RFC on ECL guidelines

        The EBA has launched a consultation on draft guidelines on credit institutions' credit risk manageme...

      • GSE loan data released

        Fannie Mae has released historical loan performance data in support of its reperforming loan securit...

      • Single-family rents rising

        Tenant demand for US single-family properties remains robust, with rent increases in securitised pro...

      • MSR portfolio sold

        First South Bank has purchased a US$84.6m mortgage servicing rights portfolio from Freddie Mac and F...

      • CRT ratings bolstered

        Fitch has taken various positive rating actions on 152 classes from 26 GSE credit risk-sharing (CRT)...


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

×