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Showing 31 - 40 of 68 results for "RMBS"

Clash of the titans on housing bubble

JOHN MCDULING  |  FRIDAY, 29 OCT 2010
... bubble in Australia are misplaced, and to prove its point, announced that it is buying residential mortgage backed securities (RMBS). "While some commentators have claimed Australian housing has become a bubble, various RMBS features provide downside ...

Introducing foreclosure-gate, the latest risk to a US recovery

JOHN MCDULING  |  MONDAY, 11 OCT 2010
... unable to foreclose on mortgages that are effectively in default, investments in US residential mortgage backed securities (RMBS), bank debt and even financial sector equities could ultimately suffer. George Tharenou, an economist at UBS in Sydney, said ...

Rising markets boost Perpetual's bottom line

JOHN MCDULING  |  TUESDAY, 24 AUG 2010
... spreads beginning to contract and end investors returning to the market. "There is a high level of awareness that Aussie RMBS is a high quality product," said chief executive, David Deverall. Deverall said that Perpetual Investments' strong record of ...

Goldman Sachs pay $620m to settle SEC lawsuit

SEC RELEASE, BLOOMBERG  |  FRIDAY, 16 JUL 2010
... selection process - yet it was alleged that the hedge fund manager shorted the product. Six months later, 83 per cent of RMBS within the ABACUS 2007-AC1 portfolio had been downgraded and 17 per cent were on negative watch. By 29 January 2008, 99 per ...

RMBS market low risk and high return: Aberdeen

MICHAEL HOBBS  |  THURSDAY, 24 JUN 2010
... Aberdeen Asset Management is tilting its local fixed income portfolios toward Australian residential mortgage-backed securities (RMBS) to capitalise on wide spreads in the "bullet proof" asset class. Victor Rodriguez, head of fixed income at Aberdeen ...

US Commission subpoenas Goldman Sachs

RUTH LIEW  |  TUESDAY, 15 JUN 2010
... synthetic collateralised debt obligation (CDO) that hinged on the performance of subprime residential mortgage-backed securities (RMBS). It is alleged the firm failed to disclose vital information to investors about the CDO, in particular, the role played ...

FSA starts Goldman Sachs investigation

RUTH LIEW  |  THURSDAY, 22 APR 2010
... collateralised debt obligation (CDO) that hinged on the performance of sub-prime residential mortgage-backed securities (RMBS). The firm failed to disclose vital information to investors about the CDO, in particular, the role played by a major hedge ...

Goldman Sachs accused of fraud

SEC RELEASE  |  MONDAY, 19 APR 2010
... synthetic collateralised debt obligation (CDO) that hinged on the performance of subprime residential mortgage-backed securities (RMBS). The firm failed to disclose vital information to investors about the CDO, in particular, the role played by a major ...

Industry Super splits top job

COMPANY RELEASE  |  FRIDAY, 15 MAY 2009
... Government after the Australian Office of Financial Management's (AOFM) invested the sum in its super members' home loans RMBS. In a statement released this morning, Industry Super Holdings announced that Wamsteker will leave the company at year-end ...

Australian RMBS gains appeal

RUTH LIEW  |  TUESDAY, 12 MAY 2009
... high net worth investors in Australia are starting to wade back into the Australian Residential Mortgage-Backed Securities (RMBS) market, according to Merrill Lynch. Chris Selby, head of Merrill Lynch Global Wealth Management in Australia, has flagged ...