- E-mail: Adam.Tempkin@thomsonreuters.com
The sway of better economics of whole-loan mortgage sales may still not be a strong enough reason to keep originators away from the US private-label securitisation market, which has suffered this year from a lack of issuance.
Colony Capital last Wednesday began marketing the second bond ever backed by rental income from foreclosed US properties bought after the financial crisis and now rented to single families.
The Senate Banking Committee’s agreement to wind down Fannie Mae and Freddie Mac, the country’s biggest mortgage financiers,
- Freddie Mac legacy RMBS bid list boosts secondary
- Non-bank servicers tap ABS to fund
- End of Fannie, Freddie would mean RMBS comeback
- CLO market moves toward refinancings, shorter debt
- US STRUCTURED FINANCE: Toyota "green" bond upsized; Freddie mortgage sale eyed
- First energy-efficiency bonds sold
- CLO market moves toward shorter debt, refinancings