Weekly Issue Archive »

Issue 594 - 8th June

  • News Analysis

    • Structured Finance

      • Chinese issuance growing strongly

        Chinese securitisation issuance surged to a record high in 2017 but significant challenges remain. Overseas ABS market participants point to the need to develop the investor base and deepen market expertise, but are also showing increased willingness...

    • NPLs

      • Deal 'will happen' despite political risk

        Banco BPM has announced the transferral of a €5.1bn gross nominal value (GNV) portfolio of NPLs to the Red Sea SPV, as part of Project Exodus (SCI June 1). The Italian bank aims to sell the junior and mezzanine notes, although political unce...

  • News

    • Structured Finance

      • SCI Start the Week - 4 June

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

        Pipeline ABS and RMBS made up the majority of the transactions remaining in the pipeline at the end of last week. A trio of CMBS were also marketing. The auto ABS in the pipeline comprise: US$900m BMW Floorplan Master Owner Trust Series 2018-1, US...

    • NPLs

      • UTP loans raise AI prospects

        Resolving unlikely to pay (UTP) loans is becoming more important for Italian banks, but the challenges involved can be particularly complex. As a result, special servicers are looking to create proprietary servicing platforms that utilise machine lea...

    • RMBS

      • Older borrowers shaping UK mortgage market

        A shift is underway in the UK mortgage market regarding borrowers entering retirement, with a relaxation on retirement interest-only (RIO) mortgages and changes to maximum borrower ages at loan maturity. Furthermore, volumes of equity release-style l...

  • Provider Profile

    • Structured Finance

      • Start-up launches to solve structured product problems

        Banks remain too big to fail and there is still opacity surrounding securitisation and structured products. This is the view of banking and derivatives veterans Philippe Naegeli and Patrick Loepfe, who have launched a new platform - dubbed GenTwo - a...

  • Market Moves

    • Structured Finance

      • Market moves - 8 June

        Acquisition Angel Oak Commercial Lending (AOCL) has acquired a controlling interest in Cherrywood Mortgage – a national, small-balance commercial mortgage lender based in Los Angeles, California. Cherrywood will serve as the wholesale sma...


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