Hints and tips:
Related Special Reports
...US asset-backed and mortgage-backed securitisation issuance has totalled $463bn in 2023, the lowest for this point in a year since 2016, according to Dealogic data....
...Unhedged: How does this affect the option price? Bassman: You have arbitrage entities out there, like AGNC or Annaly [two mortgage Reits that buy mortgage-backed securities]....
...But their share of the mortgage market, put at 2.6 per cent last year by consultants Baringa, is limited by what partner Emily Farrimond describes as “a lack of government policy, consumer awareness and...
...Block argued that the losses on the book of loans in the trust could be between about $2.5bn and $4.5bn, close to its market capitalisation....
...with property lenders or lessors, and 3) corporate ringfencing or securitisation vehicles like special purpose entities, collateralised loan obligations and asset-backed securities....
...So it’s important that you choose an adviser or a company 1) you like and 2) who you trust. Because that person is going to be involved in some of the biggest financial transactions of your life....
...The Fed also said it would maintain for now the pace at which it is reducing its bond and mortgage-backed security holdings, a process known as quantitative tightening....
...Wells Fargo has hired Derek Van Zandt from Citigroup to lead media and telecommunications banking, Bloomberg reported....
...Some of the world’s biggest banks — Morgan Stanley, Wells Fargo and Bank of America — are all reportedly lining up to get involved in bitcoin, too....
...In the past year delinquent commercial property debt for the six big banks — JPMorgan Chase, Bank of America, Wells Fargo, Citigroup, Goldman Sachs and Morgan Stanley — nearly tripled to $9.3bn....
...New York-based Better also faced an investigation by the US Securities and Exchange Commission into whether it had violated securities laws following allegations by its former head of sales and operations...
...Paxos Trust Co.’s issuance of U.S. dollar-backed stablecoins has been under the supervision of the New York State Department of Financial Services (NYDFS) since 2018....
...The JPMorgan banker-turned-exchange boss turning noodles into securities In modern capitalism, you can securitise all sorts of things — mortgages, the loans backing private equity buyouts, car loans, even...
...and building up security capacity in key areas”....
...That was the reason for the plunge in mortgage-backed securities in 2007 and 2008, which then filtered through to concern about the health of the banking system....
...And here’s what I’m keeping tabs on today and over the weekend: Results: Several large US banks report annual results today, including Citigroup, JPMorgan Chase, Wells Fargo and Bank of America....
...The Fed has been allowing as much as $60bn worth of Treasuries and $35bn of mortgage-backed securities to roll off its balance sheet under its so-called quantitative tightening programme....
...He will join the panel on a two-year secondment from the bank beginning in May. Wells Fargo has named Doug Braunstein as a vice-chair....
...Read the full FT analysis, including the biggest cutters, from Wells Fargo to JPMorgan Chase. Five more top stories 1....
...At the Sohn investment conference in London on Wednesday, Block said he is shorting Blackstone Mortgage Trust, a publicly traded real estate investment trust Blackstone took control of a decade ago as it...
...The Fed currently rolls off up to $60bn in Treasuries and $35bn in mortgage-backed securities each month....
...Several pointed out that it has avoided the whopping big mistakes of rivals such as Wells Fargo and Citigroup (they all noted that the London Whale was not a good look)....
...The US Department of Justice alleged that UBS defrauded investors when it sold 40 residential mortgage-backed securities deals between 2006 and 2007, which ultimately sustained substantial losses during...
...Blackstone Mortgage Trust and KKR Real Estate Finance Trust, two of the biggest mortgage real estate investment trusts, have halted loans to any new borrowers....
...A: 5.5 per cent and 2.5 per cent. 2. To the M0on Who, according to a recent UK court ruling, is definitely not Satoshi Nakamoto?...
International Edition