Fannie Mae wants out of its defaulted residential mortgage holdings as quickly as possible.
Fitch Ratings stated that as of July 20 defaults on U.S. bank TruPS CDOs eclipsed the 14% mark on 11 new bank defaults.
In August, IFREM originated a roughly Ps4 billion, 20-year deal backed by flows from property registration fees.
The Huascacocha deal signaled that the industry was branching out from the handful of infrastructure transactions that had until then monopolized the market.
From tougher regulations to a battered economy, our industry seems at times to be facing an all-out assault.
Housing economists and analysts caution that the industry isn't out of the woods quite yet.
Varying approaches to securitization regulation by different agencies are making bankers and issuers uneasy.
The Federal Reserve announced in August that the central bank would be purchasing Treasurys by using the proceeds from maturing MBS to support the country's economic recovery.
Citigroup has arranged a $600 million CLO that will be managed by Guggenheim Investment Management.
The recent financial crisis and its aftermath have raised fundamental questions about the future of the U.S. housing market and the GSEs.
Amid the gloom and doom surrounding the just-minted financial reform bill, there still remains a fair amount of consumer ABS trading.
Issuers in the "orphaned" ABS market backed by government-guaranteed FFELP loans are now scrambling to reposition their businesses.
The catalyst appears to have been a report issued on Tuesday last week from Morgan Stanley economists.
The ABS industry has to work on a long-term solution to the unintended consequences of the Dodd-Frank act.
As the hunt for yield sends investors further down the credit curve, sources said that a good place to look might be esoteric assets.