Structured Finance

Updated U.S. and European Securitization Charts*

+0

Here are my latest securitization issuance charts for the United States and Europe. These are par value issuance volumes, and since 2006 the European numbers are somewhat bogus because they include issuance “retained” by the banks to post at their friendly central bank repo operations. The percent numbers on the European chart indicate how much […]

Share
Category

Updated U.S. and European Securitization Charts*

+0

Here are my latest securitization issuance charts for the United States and Europe. These are par value issuance volumes, and since 2006 the European numbers are somewhat bogus because they include issuance “retained” by the banks to post at their friendly central bank repo operations. The percent numbers on the European chart indicate how much […]

Share
Category

Updated U.S. and European Securitization Charts*

+0

Here are my latest securitization issuance charts for the United States and Europe. These are par value issuance volumes, and since 2006 the European numbers are somewhat bogus because they include issuance “retained” by the banks to post at their friendly central bank repo operations. The percent numbers on the European chart indicate how much […]

Share
Category

Updated U.S. and European Securitization Charts*

+0

Here are my latest securitization issuance charts for the United States and Europe. These are par value issuance volumes, and since 2006 the European numbers are somewhat bogus because they include issuance “retained” by the banks to post at their friendly central bank repo operations. The percent numbers on the European chart indicate how much […]

Share
Category

Insights from ABS Vegas 2015: Transparency a key theme

+0

ABS Vegas kicked off earlier this week with issuers, investors, intermediaries and regulators coming together to discuss the challenges of and ways to return growth to the private label securitization market.

Share
Category

ABS Vegas 2015: Reg AB II, Data Transparency and Bondholder Communications

+0

ABS Vegas 2015 kicks off on February 8, and I’m looking forward to many great discussions regarding the impact of regulation on the securitization market and how 2015 might unfold. The whole industry continues to anticipate the impact of Reg AB II and how regulators, issuers, investors and intermediaries might work together to develop market solutions to help restore liquidity and investor confidence.

Share
Category

Flaws in the Structured Credit Rating Models (When is AAA not AAA?)

+0

Credit rating agencies have played a key role in the origins of the current crisis.[1] Abrupt and unanticipated credit rating downgrades securitization products have led to large market losses and a rapid drying up of liquidity. It has been recognized that securitization product ratings are particularly prone to severe cliff effects, relative to corporate and […]

Share
Category