Orrick, Herrington & Sutcliffe LLP | Canada | 20 Aug 2010
On August 18, Moody's released its methodology for covered bond ratings.
Orrick, Herrington & Sutcliffe LLP | USA | 20 Aug 2010
On August 17th, the IRS published Revenue Procedure 2010-30, which responds to various requests for relief made by CMBS market participants in response to final regulations issued by the IRS on September 16, 2009.
Orrick, Herrington & Sutcliffe LLP | USA | 13 Aug 2010
On August 13, Fitch published updates to 15 global master criteria reports.
Orrick, Herrington & Sutcliffe LLP | USA | 6 Aug 2010
On July 30, the FDIC closed a sale of RMBS backed by approximately $471.3 million of performing single-family mortgages from 16 failed banks.
Orrick, Herrington & Sutcliffe LLP | USA | 5 Aug 2010
Issuers and financial intermediaries in securitization offerings made pursuant to Rule 144A of the U.S. Securities Act of 1933 should be aware of the implications of the Dodd-Frank Wall Street Reform and Consumer Protection Act, signed into law in the United States on July 21, 2010, as well as the proposed changes to U.S. SEC Regulation AB on their future issuances.
Orrick, Herrington & Sutcliffe LLP | USA | 30 Jul 2010
On July 28, DBRS released its methodology for structured finance servicer evaluations.
Orrick, Herrington & Sutcliffe LLP | USA | 16 Jul 2010
On July 15, 2010, the Senate passed the Dodd-Frank Wall Street Reform and Consumer Protection Act, which was passed by the House of Representatives on June 30th.