Market players have raised the red flag on U.K. nonconforming RMBS. Recent developments in the market – namely the summer credit crisis and teaser rates set to expire at the end of 2007 and beginning of 2008 – are some of the factors that have left the sector vulnerable to poor performance.
“We are expecting some pain in households as rates rise and, therefore, arrears,” said a market observer at Fitch Ratings. “We have downgraded a few so far and expect more downgrades to come.”
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Yields are soaring into the double digits on bonds and loans funding the AI infrastructure buildout. Bankers are finding it more difficult to offload risk to insurers and other investors.
Incentives structure and fewer losses drive commercial real estate collateralized loan obligation issuance over conduit commercial mortgage-backed securities.
The Federal Open Market Committee's voting history heading into previous elections might shed light on how it approaches this week's decision.
In the midst of increasing economic and geopolitical risks, portfolio managers expect global defaults and credit spreads to rise in the latest IAPCM survey.
Risk and compliance executives shared how they're responding to rapid changes in bank regulation at American Banker's Most Powerful Women in Banking Conference.
