Issue 635 - 29th March
-
News Analysis
- RMBS
-
Opening the box
Non-QM sector continues to evolve
The non-qualified mortgage RMBS sector has expanded faster than the other US RMBS sectors over the last few years. At the same time, as more issuers have tapped the market, a broader representation of borrowers along the credit spectrum has emerged. ...
-
- Structured Finance
-
Symbiotic relationship?
Marketplace lending enters the mainstream
The online lending sector has become mainstream, forcing marketplace platforms to better differentiate the experience they offer to borrowers. At the same time, the entrance of new players – such as Goldman Sachs’ Marcus offering...
-
-
-
'Constant demand'
UK firms hiring across range of SF roles
Hiring in the UK structured finance space has been buoyant in the last 12 months, with recruitment across a range of roles and asset classes. While there has been a slight slowdown in the first quarter of this year, hiring is expected to pick up afte...
-
- RMBS
-
Market Reports
- Structured Finance
-
Picking up pace
European ABS market update
European ABS secondary market activity has been relatively subdued so far this week. However, the primary market appears to be picking up pace, with a pair of CMBS in focus and a new UK RMBS mandated. “Given the lack of new issuance this...
-
- Structured Finance
-
News
- Structured Finance
-
SCI Start the Week - 25 March
A review of securitisation activity over the past seven days
NPL seminar Early-bird registration for SCI's 2nd NPL Securitisation Seminar on 13 May is now open. Hosted by Orrick in Milan, the event will cover the Italian guarantee scheme, regulations, deal performance, servicing strategies, new entrants and i...
-
-
-
STS firm announces debut deal
Transaction marks second deal to receive STS label
Prime Collateralised Securities (PCS) has announced its inaugural transaction to be verified as STS-compliant by the firm, marking the second European securitisation to receive the STS label. The transaction, dubbed Storm 2019-1, is a &e...
-
-
-
Noteholders exposed?
Concerns raised over recent French CMBS
Bank of America Merrill Lynch (BAML) is marketing a €249.6m European CMBS. Dubbed Taurus 2019-1 FR, it is backed by 206 predominantly office properties located throughout France, let by Electricite de France (EDF). The transaction has been...
-
- Structured Finance
-
Market Moves
- Advisory
-
Irish BTL RMBS launched
Company hires and sector developments
Irish BTL RMBS launched Bank of Ireland has mandated a new Irish buy-to-let RMBS deal. Dubbed Mulcair Securities, the €358m transaction securitises a legacy BTL loan portfolio that was originated by the Bank of Ireland, ICS Buildi...
-
- Structured Finance
-
Granite refinancing
Sector developments and company hires
Europe Muzinich & Co has hired Laurence Kubli as structured credit specialist with immediate effect. Based in Zurich, Laurence will focus on creating the firm’s first structured credit strategies in this newly-created role. Lauren...
-
-
-
Credit platform nabs investment vet
Company hires and sector developments
Credit platform nabs investment vet B Riley Capital Management has named Tim Gramatovich as cio of its newly established credit platform, Gateway Credit Partners. The team will focus on identifying and acquiring undervalued securities in the non-in...
-
-
-
CRT credit event
Company hires and sector developments
CRT credit event HSBC’s Metrix series 2015-1 CLN has suffered another credit event. The issuer received a credit event notice confirming that a bankruptcy credit event occurred on 15 March with respect to a reference entity that is believ...
-
-
-
CEO appointed
Sector developments and company hires
CEO appointed Curtis Arledge has joined Mariner Investment Group as chairman and ceo. In addition to his role at Mariner, Arledge will serve as head of Mariner subsidiary, ORIX USA asset management, responsible for driving the company’s o...
-
- Advisory
Click here to access this issue in print format Contact |