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Saturday, 23 September 2017

MBS

A car from Invitation Homes is shown parked outside a rental home

REFILE-SEC probes home valuations in bonds

22 September 2017

Regulators have asked Blackstone subsidiary Invitation Homes, one of the largest US landlords, to provide information on how it values homes that end up bundled into mortgage-backed bonds.

Suncorp doubles RMBS size

IFR 2202 23 September to 29 September 2017

Australian bank Suncorp doubled the size of last Thursday’s Apollo Series 2017-2 Trust RMBS to A$1.5bn (US$1.2bn) – and still managed to price most tranches inside initial guidance.

Firstmac taps buoyant market

IFR 2202 23 September to 29 September 2017

Non-bank lender Firstmac doubled to A$1bn (US$797m) the size of its offering of prime RMBS on Friday, Firstmac Mortgage Funding Trust No 4 Series 2-2017, and priced within or below guidance ranges.

Heritage readies rare RMBS

IFR 2202 23 September to 29 September 2017

Heritage Bank has mandated ANZ, NAB and Westpac to brief investors about a potential Australian dollar RMBS issue under its HBS RMBS programme.

Pepper readies non-con RMBS

IFR 2202 23 September to 29 September 2017

Pepper Group has mandated Citigroup, CBA, NAB and Westpac to arrange investor meetings for its 19th offering of non-conforming residential mortgage-backed securities.

A car from Invitation Homes is shown parked outside a rental home

SEC probes home valuations in mortgage bonds

IFR 2202 23 September to 29 September 2017

Regulators have asked Blackstone subsidiary Invitation Homes, one of the largest US landlords, to provide information on how it values homes that end up bundled into mortgage-backed bonds.