Archive Securitization

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  • BEIJING, March 11- The chairman of China's biggest manager of distressed debt wants access to more capital to help resolve the country's growing volume of non-performing loans and would support debt-to-equity swaps to help prevent the spread of financial risk. Such channels include the issuance of subordinated debt, securitization, reduction of the...

  • BEIJING, Feb 25- China has granted six large banks quotas to issue asset-backed securities with non-performing loans as underlying assets, adding a fresh way for lenders to manage troubled loans, two sources with direct knowledge of the issue told Reuters. Bad loans at China's commercial banks swelled to a decade-high 1.27 trillion yuan in 2015 as growth in the...

  • BEIJING, Feb 25- China has granted six large domestic banks quotas to issue asset-backed securities with non-performing loans as underlying assets, two sources with direct knowledge told Reuters. The six banks are Industrial and Commercial Bank of China Ltd, China Construction Bank Corp, Agricultural Bank of China Ltd, Bank of China Ltd, Bank of Communications...

  • Securitization market: Toxic sludge?

    William Perraudin, director of Risk Control Limited, discusses the confusion over securitization products and whether they are toxic assets.

  • The collapse of mortgage-backed securities drove the financial crisis, but many fund managers are snapping up the precrisis offerings.

  • The China property market's lack of mortgage securities has allowed it to skirt one of the systemic causes of the U.S. property crash, until now.

  • Fannie Mae and Freddie Mac will form a joint venture for securitizing home loans that could end up replacing the two government-controlled mortgage finance giants.

  • Trade

    Some of the world’s biggest banks are trying to extend the principles of securitization to the plain-vanilla world of trade finance – a market worth an estimated $10 trillion a year – as concern mounts that regulatory changes could constrain a key lubricant of the global economy. The Financial Times reports.