Barclays and UBS are teaming up with an alternative lender to satisfy risk retention rules for their first commercial property loan securitisation of the year, according to a banker familiar with the matter.
Ford Motor Credit has mandated banks for the first publicly sold asset-backed security to comply fully with new regulations that came into force last year, according to paperwork seen by IFR.
Auto lenders Hyundai and Consumer Portfolio Services priced the first two ABS deals of the year this week, and dramatically pulled in pricing amid a dearth of supply.
The hot topic at a top real estate event in Miami this week will roll off the tongue with ease - risk retention rules.
A successful reboot of the Italian NPL securitisation market may hold the key to 2017 European ABS supply eclipsing last year’s post-crisis high, but market participants are confident that chunky legacy trades should still boost volumes.
GE Money Bank France will meet investors this week to present a third RMBS from its SapphireOne shelf, a deal that could be 2017’s first in a European ABS market gaining momentum from real money buying.