European banks are recruiting senior securitization specialists in anticipation of a pick-up in the sector in Europe, with up to €1.25trn ($1.55trn) in securitized assets expected to be sold. The European asset-backed securities market, pools of mortgages and other loans, grew fivefold between 2000 and the peak in 2006 when issuance hit $540bn, according to Dealogic. But as troubles in the US subprime mortgage market spread to Europe in 2007, issuance dried up.
Most Popular Articles
Some housing pundits report the demand for housing is strong, while these same pundits, on another day say that we are in a housing affordability crisis. Can the two narratives be accurate at the same time?
Keller Williams has launched its new neighborhood-based home search app to coincide with the updated website that was launched earlier this year.