RMBS

  • Job swaps weekly: Fasanara hires CLO-focused md and portfolio manager

    People moves and key promotions in securitisation

    This week’s roundup of securitisation job swaps sees a former Goldman Sachs director joining Fasanara Capital as md and portfolio manager. Elsewhere, Hayfin Capital Management has hired a New-York-based md and head of capital markets, while European DataWarehouse’s UK subsidiary has named a successor to executive director Markus Schaber, who is transitioning into a role as senior advisor. 

    Market Moves 19 September 2025

  • Job swaps weekly: Ymer SC accelerates North American expansion with key hire

    People moves and key promotions in securitisation

    This week’s roundup of securitisation job swaps sees Ymer SC furthering its North American expansion plans with the hiring of a senior adviser. Elsewhere, Apollo has hired a New-York-based partner and co-head of capital markets and syndication, while Mayer Brown has bolstered its offering by hiring a new six-person energy project finance team. 

    Swedish alternative credit manager Ymer .......

    Market Moves 12 September 2025

  • Job swaps weekly: Rithm to acquire Crestline

    People moves and key promotions in securitisation

    This week’s roundup of securitisation job swaps sees Rithm Capital agreeing to acquire Crestline Management. Elsewhere, Beach Point Capital Management has appointed a former co-managing partner and head of credit at TPG Angelo Gordon as president and chief investment officer, while Nuveen Private Capital has announced a strategic partnership with Hunter Point Capital and Temasek. 

    Rithm Capital is .......

    Market Moves 5 September 2025

  • Job swaps weekly: PGGM appoints credit risk sharing leader

    People moves and key promotions in securitisation

    This week’s roundup of securitisation job swaps sees PGGM announce a new head of credit risk sharing following the departure of Mascha Canio last month. Elsewhere, Proskauer has appointed a New-York-based partner in its US structured credit practice, while S&P Global has hired a London-based md focusing on structured finance. 

    PGGM has promoted Barend van Drooge to head .......

    Market Moves 29 August 2025

  • Saudi Arabia's first RMBS launched following SAMA clearance

    More than two years in the waiting, the landmark deal supports Vision 2030 homeownership targets

    The Saudi Real Estate Refinance Company (SRC) has completed the Kingdom’s first RMBS issuance, following no-objection clearance from the Saudi Central Bank (SAMA). The debut deal has been long anticipated after Moody’s highlighted in late 2023 SRC as the most likely candidate to deliver the country’s first Shari’ah-compliant RMBS. 

    However, at that .......

    News 28 August 2025

  • European ABS demand continues through quieter July

    Fund managers eye attractive carry and credit discipline in an uncertain macro environment

    The European securitisation market remained supported despite a slowdown in new issuance towards the end of the July, with monthly fund factsheets monitored by SCI highlighting tightening spreads and strong fundamentals. Demand for high-quality transactions in the RMBS, auto ABS and consumer ABS sectors continued to underpin performance, though asset managers noted that valuations currently leave limited room for further .......

    News Analysis 26 August 2025

  • Job swaps weekly: Fifth Third expands ABF group

    People moves and key promotions in securitisation

    This week’s roundup of securitisation job swaps sees Fifth Third expand its asset-backed finance group. Elsewhere, Niam Credit has appointed a new cio in Stockholm, while BAWAG Group has hired a former Alantra executive as European head of partnerships. 

    Fifth Third has expanded its asset-backed finance group within the commercial bank, adding new capabilities to underwrite and distribute .......

    Market Moves 22 August 2025

  • SCI in focus: FICO versus Vantage

    GSEs make haste to incorporate Vantage4.0 scoring for mortgages

    News Analysis 12 August 2025

  • UK bridge loan sector primed for public securitisation

    Improvements in loan-level data and structural protections eyed

    The UK bridging loan market appears to be on a continued growth trend. With total outstanding volumes exceeding £10bn by the end of 2024, public securitisations backed by such assets may be on the cards.

    While private securitisations have already materialised in the bridging loan space, a number of ratings challenges - particularly around risk modelling and .......

    News 8 August 2025

  • SCI in focus: German megadeal skews first-half ABS volumes

    SCI and AFME data reveals stability beneath headline surge i...

    The European securitisation market saw a strong first half to 2025, as publicly placed issuance volumes surged to €167.57bn, according to SCI primary issuance data - a 23% increase on 2H24. However, this headline figure is skewed by a single retained megadeal, masking an otherwise broadly consistent picture.  

  • Spread pattern shifts studied

    SCI data sheds light on international ABS spread movements a...

    The European and Australian ABS/MBS primary markets have seen notable shifts in volumes and pre-pricing spread behaviour, as investors momentarily pulled back from the sector, following President Trump’s 'Liberation Day' on 2 April. These changes have been driven by evolving perceptions of credit risk, trade policy and tariff developments, regulatory adjustments and anticipated central bank rate cuts. However, .......

    News Analysis 1 August 2025

  • Job swaps weekly: Ares snaps up new partner from AIMCo

    People moves and key promotions in securitisation

    This week’s roundup of securitisation job swaps sees Ares Management Corporation naming a new partner and co-head of its global capital solutions team. Elsewhere, Colliers’ investment management division Harrison Street Asset Management has acquired RoundShield Partners, while BBVA has hired a Madrid-based securitisation industry veteran to lead its capital and active balance sheet management team. 

    Ares Management Corporation .......

    Market Moves 1 August 2025

  • Job swaps weekly: CalPERS lures industry veteran from PGGM

    People moves and key promotions in securitisation

    This week’s roundup of securitisation job swaps sees the California Public Employees’ Retirement System (CalPERS) appointing a PGGM stalwart as managing investment director for its private debt portfolio. Elsewhere, IQ-EQ has made a major acquisition in the APAC region as part of its global expansion strategy, which will bring a 77-person team under its umbrella, while Janus Henderson has .......

    Market Moves 25 July 2025

  • Securitisation risk factors targeted in Solvency 2 consultation

    Senior STS tranches expected to benefit the most

    The European Commission last week published for stakeholder feedback a draft delegated act reviewing the Solvency 2 Delegated Regulation, which – among other aspects – would modify the capital requirements for insurance companies holding securitisation positions as investors. In line with the securitisation package presented last month, the stated aim is to facilitate bank lending capacity, by allowing originating credit institutions .......

    News 22 July 2025

  • Solid performance

    European ABS funds remain resilient through volatile June

    Despite geopolitical tensions and mixed macro signals, the European ABS market demonstrated resilience in June, with monthly fund factsheets monitored by SCI reporting solid performance and continued investor appetite. Demand for high-quality ABS remained robust, particularly in the UK RMBS and auto sectors, though managers continued to take a selective approach amid tight valuations and lingering volatility.

    TwentyFour .......

    News Analysis 22 July 2025

  • Second social RMBS prints amid ESG market revival

    LiveMore targets older borrowers underserved by traditional mortgage market

    LiveMore Capital has completed its second ESG securitisation, Exmoor Funding 2025-1, marking a milestone for the non-bank lender as it advances its social bond strategy in the RMBS market. The £221.5m deal, which priced earlier this month, is structured under LiveMore’s Social Bond Framework and aligns with the International Capital Market Association’s (ICMA) global principles for social bonds, .......

    News Analysis 22 July 2025

  • New GW&K fund targets retail securitized buyers

    B3E still deters bank buyers of agency MBS

    Talking Point 18 July 2025

  • Regulatory reform set to 'begin delivering'

    European ABS on the cusp of a steady but meaningful evolution

    European public securitisation volumes are expected to start building steadily over the next five to seven years, as long-awaited regulatory reform finally begins delivering. The evolution of the market is also likely to receive a boost from the emerging intersection of green finance and ABS.

    The European Commission’s proposed changes to the Capital Requirements Regulation (CRR) and the .......

    Talking Point 18 July 2025

  • Job swaps weekly: Man Group snaps up Bardin Hill

    People moves and key promotions in securitisation

    This week’s roundup of securitisation job swaps sees Man Group acquiring US private debt manager Bardin Hill. Elsewhere, Moody's Ratings has appointed a global head of its financial institutions group, a global head of its structured finance group and a global co-head of insurance, while transitional leadership appointments have been announced ahead of the merger between two subsidiaries of .......

    Market Moves 18 July 2025

  • Balbec rapidly deploying Fund VI amid mortgage and consumer debt surge

    Asset-based credit firm leans into smaller, operationally co...

    Balbec Capital is ramping up activity across all corners of the residential loan market, CRE loans, consumer NPLs and secondary portfolios from struggling lenders, after having deployed over half of its sixth flagship fund. Despite a tough fundraising climate, the firm raised more than expected for Fund VI, as demand for niche, cash-flowing credit strategies continues to grow.

    The Structured Credit Interview 18 July 2025

  • Job swaps weekly: Sound Point names Gerlitz's successor as global cfo

    People moves and key promotions in securitisation

    This week’s roundup of securitisation job swaps sees Sound Point Capital Management naming a new global chief financial officer. Elsewhere, EBRD’s first vp and head of client services group has retired, while the completion of BNP Paribas Cardif’s acquisition of AXA Investment Managers has been followed by the consolidated platform announcing its new leadership team. 

    Sound Point Capital .......

    Market Moves 4 July 2025
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