Residential mortgage-backed securities (RMBSs)
Bringing down the house
There is evidence to support the claim that the subprime mortgage crisis in the US may have had its roots in operational risk problems. But just what caused the crisis, and could it have been averted if the firms involved had robust op risk frameworks in…
S&P predicts harder times ahead for European structured products
European structured products will come under ratings pressure in 2007, but there will be only a limited number of downgrades, according to rating agency Standard & Poor's (S&P).
European securitisation up 40% this year
European securitisation was up 40% in the first quarter of 2006, with mortgage-backed securities the largest sector of the market.
Samsung Life shortlists three swap counterparties for cross-border RMBS
South Korean insurer Samsung Life is preparing to issue Korea’s first cross-border residential mortgage-backed securitisation (RMBS) to be launched in the third quarter of the year, and as part of the transaction, it has shortlisted three potential…
