NEW YORK, Dec 17 (IFR) - A group of mostly small investors is challenging the US$4.5bn settlement that JP Morgan agreed more than a year ago over RMBS bonds that soured when the housing market...
NEW YORK, Dec 11 (IFR) - A US court this week dealt investors a heavy blow in their battle with Lehman Brothers, the defunct US investment bank they claim breached representations and warranties made...
volume of outstanding corporate debt has significantly increased. CORPORATE BOND DEALER INVENTORY AND OUTSTANDING CORPORATE DEBT RMBS : Residential mortgage-backed securities. CMBS: commercial mortgage-backed securities. Source: MarketAxess Research
In its settlement, BoA acknowledges that it, Countrywide and Merrill Lynch sold residential mortgage-backed securities ( RMBS ) to investors without disclosing the deteriorating quality of the underlying loans in the securitized packages, leading eventually
NEW YORK, Aug 8 (IFR) - Freddie Mac is looking to European investors to help anchor its year-old risk-sharing RMBS bond program, which like a similar program from Fannie Mae, has recently been...
myself thinking/posting that solid RMBS focused CEFs are better risk adjustd return investments than the general RMBS REIT space. I would like to hear other ..... it be reasonable to choose say a good RMBS reit like NLY over a PDI, DMO
alternatives in structured credit such as residential mortgage-backed securities ( RMBS ). We’ve gone from around a trillion per year of new-issuance non-agency RMBS in 2006/2007 to less than $65 billion since the financial crisis began (source
relates to losses that AIG and its subsidiaries incurred on questionably underwritten residential mortgage-backed securities, or RMBS . Due to these proceeds and an adjustment to how we’re accounting for taxes in the out years of our model, we expect to
Flirting With Disaster, May 14, 2014 ( link ). Not that what I do matters but I've been overweight Munis and Non-Agency RMBS . We remain underweight Treasuries and TIPS . While yields have declined lately amid concerns about the recovery and turmoil
Fixed Income 126.0 bps Non-Agency RMBS 494.4 bps U.S. CMBS 92.9 bps Loans ..... movements. Additionally, non-agency RMBS have historically been less sensitive to ..... Strategies. He is responsible for Non-Agency RMBS trading and mortgage credit portfolios