Last year, securitization players found themselves stumbling towards recovery, as new regulations and a weak economy posed one hurdle after another for deal makers.
The passage of the payroll tax holiday extension in December was a watershed moment for the mortgage and MBS markets.
Long an adjunct of the insurance and reinsurance sectors, the catastrophe bond market appears primed to become a more mainstream allocation alternative in 2012.
REITs are an ideal vehicle for bringing in that private capital. However, before this can occur, a couple of things need to happen.
To understand the role private-label mortgage financing, MBS players must first wait and see what the government's next move will be.
The full implementation of Basel III is still years away, but it is already impacting key areas of the securitization market.
In the preliminary ASR Scorecards database public lead manager rankings for full-year 2011, JPMorgan Securities maintained its No. 1 rank from last year.
Casting a cloud over the CMBS sector for 2012 is an overhang of about $55 billion in CMBS loans that are coming up for refinancing.
As much as 63% of $19 billion in 2007 vintage five-year CMBS loans coming due in 2012 could fail to refinance.
In the emerging markets at the edges of Europe, 2011 did not generate much excitement.
How much higher can a rating agency grade a structured finance deal over its respective sovereign?
Structured finance players in Latin America pushed through 2011 with few scars, especially given the turmoil pounding European markets.
View year-to-date 2011 ABS issuance totals for ABS, MBS and CMBS.
View the year-to-date manager rankings for the different ABS sectors, including real estate, credit cards and autos.
View the Scorecard deals featured in ASR's Scorecard database that priced in the last two weeks.
See results from the Mortgage Bankers Association's Refinance and Purchase Indexes as well as the weekly mortgage rates surveyed by Freddie Mac.