To C or not to C

With Tom Lemmon off giving thanks for a conveniently timed move to New York, Victoria Thiele and George Smith held the fort on this week’s episode of Another Fine Mezz.Over the week, George and Tom had done a deep dive into Nationwide’s ‘stock and drop’ tactic for speeding up RMBS distribution, briefly mentioned on the previous episode. George explains why it’s a great idea, but won’t spare the market a bigger conversation about regulation.Meanwhile, a commercial mortgage RMBS deal by Together illustrated the danger of over-categorising in the securitization market - at one point, it was mislabelled as a CMBS deal.The European CLO market has begun to wind down for the end of the year. While banks publish their forecasts for mediocre issuance volumes next year, market participants turn a hopeful eye to middle market CLOs.

There are no comments yet.

Please log in to write the first comment.