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Saturday, 20 April 2019

MBS

Resimac prints third RMBS

IFR 2280 20 April to 26 April 2019

Australasian non-bank mortgage lender Resimac Group issued its third RMBS offering last Tuesday, the no-grow NZ$250m (US$170m) prime and non-conforming Resimac Versailles 2019-1.

Push for US housing reform expected under new FHFA head

IFR 2280 20 April to 26 April 2019

The swearing in of new leadership at the Federal Housing Finance Agency last week prompted a new round of debate over the steps that could be taken to reform US housing finance.

Banca Fucino closes Italian RMBS

IFR 2280 20 April to 26 April 2019

Banca Fucino has structured an small Italian RMBS called Fucino RMBS Srl. The €150m securitisation, which was not seen in the market and carries coupons well inside market levels, was arranged by JP Morgan and Banca Igea.

Demand drops off for latest Dutch RMBS

IFR 2280 20 April to 26 April 2019

Dutch Property Finance 2019-I became the fourth Dutch RMBS to price in two weeks, but generated less enthusiasm than the three deals before it.

Citi brings UKAR refi trade Chester A

IFR 2280 20 April to 26 April 2019

Citigroup pre-placed a £2bn UK RMBS on Friday, securitising mortgages bought by Citigroup and Pimco from UK bad bank UKAR on April 2.

Silverstone reaps rewards for STS and Sonia

IFR 2280 20 April to 26 April 2019

Nationwide Building Society was rewarded with a strong book for its groundbreaking Silverstone RMBS, which last week became the first securitisation deal to sell Sonia-linked notes, and the first UK deal eligible under the simple, transparent and standardised regulatory regime.