In this week’s webcast: Mortgage aggregator Rescap turns around and sues originators of faulty loans, and Citi names a European head of RMBS distribution.
More From Asset Securitization Report
Wall Street’s AI debt machine is starting to choke on supply
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.
Surging yields bring biggest spate of debt sale delays this year
Morgan Stanley this month has struggled to attract demand for a $301 million commercial real estate bond tied to a data center in Kansas City.
Alan Greenspan, who led Fed during boom before 2008 bust, dies at 100
Greenspan's 18 years as Fed chief, from 1987 until his retirement at the start of 2006, were marked by a stock market boom and low unemployment.
A tax day cash drain is coming for calm US funding markets
The status quo might be jolted by individuals and companies pulling cash from banks and money markets to meet tax obligations, spurring banks to tap liquidity facilities.
Bond rally fades as Iran says ceasefire violated
Oil remained lower by more than 10%, but the benchmark two-year Treasury note, erased its gain for the day, to yield about 3.79%.