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RMBS Amortisation Rates Show Signs of Return to Pre-COVID Levels

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RMBS Amortisation Rates Show Signs of Return to Pre-COVID Levels Throughout the COVID-19 pandemic, European DataWarehouse has utilised its vast loan-level database to provide insights into loan performance across various asset classes in Europe. In the RMBS asset class, for example, a previous EDW Q1 2021 analysis shows that delinquencies remained low during the COVID-19 … Continued

Reporting to a UK Securitisation Repository from 17 January 2022 – Technical Guidance

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Reporting to a UK Securitisation Repository from 17 January – Technical Guidance The Financial Conduct Authority (FCA) has announced the registration of European DataWarehouse Ltd (EDW Ltd) as a UK Securitisation Repository (SR) with effect from 17 January 2022. Following that date, public securitisations within the scope of the UK Securitisation Regulation have to upload … Continued

Energy Efficient Mortgages NL Hub initiative set to drive down residential carbon emissions

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Energy Efficient Mortgages NL Hub initiative set to drive down residential carbon emissions Dutch initiative promotes energy-efficient mortgages In September 2021 stakeholders in the Dutch residential mortgage market gathered to form the Energy Efficient Mortgages NL Hub (EEM NL Hub).Its aim is to accelerate thedevelopment of climate-friendly housing in the Netherlands by defining and maintaining a framework … Continued

Europe’s NPL Secondary Market Directive in Focus

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Europe’s NPL Secondary Market Directive in Focus In preparation for a potential increase in non-performing loans (NPLs) as COVID-19 support measures are phased out, European governments and the European financial system have been working towards assessing and provisioning for loan losses to avoid adverse incentives for banks. Following several developments since EDW’s last update on … Continued

EDW responds to various consultations relating to the review of the EU Securitisation Framework and NPLs

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 EDW responds to various consultations relating to the review of the EU Securitisation Framework and NPLs As an ESMA-registered Securitisation Repository under the Securitisation Regulation (EU) 2017/2402 (SECR), European DataWarehouse has recently submitted responses to a number of consultations. These include the EC Targeted Consultation on the Functioning of the EU Securitisation Framework, the EBA … Continued

Steps toward the implementation of the EU NPL Action Plan

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Steps toward the implementation of the EU NPL Action Plan In the context of a post-pandemic recovery, European governments and the European financial system have been preparing for a wave of non-performing loans (NPLs) which are expected to be unveiled once the various COVID-19 support measures are terminated. In particular, as moratoria and other fiscal … Continued

COVID & Credit Risk Profiles – EDW Explores Implied Moratoria Across Different Borrower Categories

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COVID & Credit Risk – EDW Explores Implied Moratoria Across Different Borrower Categories How has the impact of COVID-19 differed amongst various borrower segments within the RMBS asset class? Our research shows that the criteria used to identify the loans most likely to default (credit risk) also apply for identifying the loans most likely to … Continued

ESG – A sustainable finance journey beyond the EU taxonomy

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ESG – A Sustainable Finance Journey beyond the EU Taxonomy Sustainable Finance a key focus under the EU Green Deal The European regulatory landscape has been characterised by a period of profound change and development over the last decade. More recently, one of the main priorities of the European authorities and policy makers is sustainable … Continued

Everything you need to know about reporting to a Securitisation Repository under the EU Securitisation Regulation

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Everything you need to know about reporting to a Securitisation Repository under the EU Securitisation Regulation Introducing the Securitisation Regulation (EU) 2017/2402 The Securitisation Regulation (EU) 2017/2402 (SECR), which was published in the Official Journal of the EU on 28 December 2017, establishes a general framework for all securitisations and creates a more specific framework … Continued