CMBS/ABS bid list volume 50-100 pct above average-mkt sources

March 15, 2011

"This is indicative of shaky markets: Bid lists are being cancelled or postponed across ABS and CMBS amid increasing BWIC volume," said Adam Murphy, president of Empirasign Strategies LLC, a capital markets data provider.


Option-ARM Bonds Tumble as Investors Question if Valuations Got Too 'Rich'

February 28, 2011

Wall Street brokers conducted open auctions on $4.9 billion of option-ARM securities this month, the most since October, according to Empirasign Strategies LLC. The 59 percent increase from January's $3.1 billion compares with a gain of 11 percent in the entire non-Agency market aside from subprime debt, the New York-based data provider said.

Bloomberg News

Goldman Said to Win $6 Billion Mortgage-Bond Trade

December 08, 2010

Brokers last month conducted open auctions for almost $14 billion of home-loan bonds lacking guarantees from government- supported Fannie Mae and Freddie Mae or federal Agency Ginnie Mae, according to Empirasign Strategies LLC. Since the start of July, the amount of securities offered through the process has totaled $75 billion, with at least $11.5 billion failing to be sold, according to the New York-based data provider.

Bloomberg News

Mortgage Security Trading Jumps in U.S. as Prices Hover Near Two-Year Highs

September 20, 2010

Sept. 14 was last week's busiest trading day for Non-Agency bonds, with dealers seeking bids on almost $1.3 billion of the debt excluding subprime mortgages, according to New York-based data provider Empirasign Strategies LLC. Buyers purchased 83 percent of the debt offered, according to Empirasign.

Bloomberg News

Previous   |   1    2    3    4    5    6    7    8    9    10    11