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Non-bank lender issues $1.5bn RMBS


Non-bank lender issues $1.5bn RMBS
By Annie Kane
30 July 2021
A prime residential lender has announced the pricing of one of its largest prime residential mortgage-backed securities to date.
ColCap (formerly Columbus Capital) – a non-bank prime lender specialising in Australian residential mortgage lending through its wholesale lending brand Origin Mortgage Management Services and its online direct-to-consumer brand Homestar – has priced a $1.5 billion residential mortgage-backed security (RMBS).
The Triton 2021-2 equals the lender’s largest issuance, which was priced in February 2021.
According to the lender, the three-year tranche was priced at 70 basis points above the one-month Bank Bill Swap Rate (BBSW), reportedly making Triton 2021-2 the lowest price ever achieved by a non-ADI issuer for a tr ....

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NAB settles US Bank Bill Swap Rate class action

NAB settles US Bank Bill Swap Rate class action
moneymanagement.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneymanagement.com.au Daily Mail and Mail on Sunday newspapers.

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Securities and markets regulatory news, February 2021 | Hogan Lovells


CCP Recovery and Resolution Regulation
BMR: Council of EU text of proposed amending Regulation to address benchmark cessation risks and exempt certain third-country FX benchmarks
CSDR: Delegated Regulation on RTS on settlement discipline postponed
EMIR: European Commission adopts Delegated Regulation on rules of procedure for penalties imposed on third-country CCPs
EMIR: Implementing Decision on equivalence of US SEC regime
EMIR: European Commission adopts Delegated Regulation on procedure for penalties imposed on trade repositories
EMIR: ESMA updates Q&As
SFTR: ESMA updates Q&As on data reporting
LIBOR cessation: FCA speech
The FCA has published a speech given by Edwin Schooling Latter, FCA Director of Markets and Wholesale Policy, on being ready for life without LIBOR from the end of 2021. Highlights from the speech include: ....

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