RMBS

KBRA Assigns Preliminary Ratings to Angel Oak Mortgage Trust 2021-2 (AOMT 2021-2)

Friday, May 7, 2021 - 8:07pm

b'Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to six classes of mortgage pass-through certificates from Angel Oak Mortgage Trust 2021 (AOMT 2021-2), a $231.5 million non-prime RMBS transaction.

Key Points: 
  • b'Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to six classes of mortgage pass-through certificates from Angel Oak Mortgage Trust 2021 (AOMT 2021-2), a $231.5 million non-prime RMBS transaction.
  • In conjunction with the SBF, AOCA intends to use proceeds generated by its RMBS securitizations to finance residential loans for underserved borrowers.
  • This analysis is further described in our U.S. RMBS Rating Methodology.\nClick here to view the report.
  • To access ratings and relevant documents, click here .\n'

KBRA Releases RMBS Credit Indices (KCI) for April 2021

Friday, May 7, 2021 - 4:03pm

b'Kroll Bond Rating Agency (KBRA) releases its RMBS Credit Indices (KCI) for April 2021.

Key Points: 
  • b'Kroll Bond Rating Agency (KBRA) releases its RMBS Credit Indices (KCI) for April 2021.
  • The indices track early-, mid-, and late-stage delinquencies, observed modifications, prepayment speeds, and other performance metrics across four major RMBS 2.0 subsectors.
  • Intex advises that loan modification data via its data providers may be lagged by one or two months, and the reported data has been normalized by Intex.
  • KBRA\xe2\x80\x99s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210507005421/en/\n'

Karen Rogge Joins Rambus Board of Directors

Tuesday, May 4, 2021 - 10:00pm

b'SAN JOSE, Calif., May 4, 2021 /PRNewswire/ -- Rambus Inc. (NASDAQ:RMBS), a provider of industry-leading chips and silicon IP making data faster and safer, today announced the addition of Karen Rogge to its Board of Directors.\nMs.

Key Points: 
  • b'SAN JOSE, Calif., May 4, 2021 /PRNewswire/ -- Rambus Inc. (NASDAQ:RMBS), a provider of industry-leading chips and silicon IP making data faster and safer, today announced the addition of Karen Rogge to its Board of Directors.\nMs.
  • Ms. Rogge has served as a board director at Kemet Corporation, acquired by Yageo, and AeroCentury Corporation.
  • Earlier in her career, she held executive positions in finance and operations at Hewlett Packard.\n"We are excited to welcome Karen to the Rambus board," said Chuck Kissner, chairman of the Rambus Board of Directors.
  • "She brings valuable board of director experience, expertise and insights to support the company\'s strategic direction and ongoing growth.

Ellington Residential Mortgage REIT Reports First Quarter 2021 Results

Monday, May 3, 2021 - 9:10pm

Similarly, the Company's net mortgage assets-to-equity ratio increased to 6.2:1 as of March 31, 2021 as compared to 5.6:1 as of December 31, 2020.

Key Points: 
  • Similarly, the Company's net mortgage assets-to-equity ratio increased to 6.2:1 as of March 31, 2021 as compared to 5.6:1 as of December 31, 2020.
  • Because the Company's long investment portfolio is concentrated in prepayment-protected specified pools, this underperformance was a further drag on results for the quarter.
  • The Company expects to continue to vary its allocation to non-Agency RMBS as market opportunities change over time.\nNet interest margin and core earnings decreased quarter over quarter.
  • The adjustment is calculated as of the beginning of each quarter based on the Company's then-current assumptions about cashflows and prepayments, and can vary significantly from quarter to quarter.

Chimera Investment Corporation Announces Date of First Quarter 2021 Financial Results and Conference Call

Thursday, April 22, 2021 - 9:30pm

b'If you would like to be added to the e-mail distribution list, please visit www.chimerareit.com , click on Contact Us & Email Alerts, and complete the email notification form.\nWe are a publicly traded REIT that is primarily engaged in the business of investing directly or indirectly through our subsidiaries, on a leveraged basis, in a diversified portfolio of real estate assets, including mortgage loans, Agency RMBS, Non-Agency RMBS, Agency CMBS, and other real estate assets.\nPlease visit www.chimerareit.com for additional information about the Company.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210422006082/en/\n'

Key Points: 
  • b'If you would like to be added to the e-mail distribution list, please visit www.chimerareit.com , click on Contact Us & Email Alerts, and complete the email notification form.\nWe are a publicly traded REIT that is primarily engaged in the business of investing directly or indirectly through our subsidiaries, on a leveraged basis, in a diversified portfolio of real estate assets, including mortgage loans, Agency RMBS, Non-Agency RMBS, Agency CMBS, and other real estate assets.\nPlease visit www.chimerareit.com for additional information about the Company.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210422006082/en/\n'

Media Alert: Rambus To Announce First Quarter Fiscal Year 2021 Results

Monday, April 19, 2021 - 9:05pm

b"SAN JOSE, Calif., April 19, 2021 /PRNewswire/ --Rambus Inc. (Nasdaq: RMBS), a provider of industry-leading chips and silicon IP making data faster and safer, today announced that it will hold a conference call on May 3, 2021 at 2:00 p.m. Pacific Time to discuss its first quarter fiscal year 2021 results.\nThis call will be webcast and can be accessed via Rambus' website at investor.rambus.com.

Key Points: 
  • b"SAN JOSE, Calif., April 19, 2021 /PRNewswire/ --Rambus Inc. (Nasdaq: RMBS), a provider of industry-leading chips and silicon IP making data faster and safer, today announced that it will hold a conference call on May 3, 2021 at 2:00 p.m. Pacific Time to discuss its first quarter fiscal year 2021 results.\nThis call will be webcast and can be accessed via Rambus' website at investor.rambus.com.
  • With over 30 years of advanced semiconductor experience, we are a pioneer in high-performance memory subsystems that solve the bottleneck between memory and processing for data-intensive systems.
  • Whether in the cloud, at the edge or in your hand, real-time and immersive applications depend on data throughput and integrity.
  • Rambus products and innovations deliver the increased bandwidth, capacity and security required to meet the world's data needs and drive ever-greater end-user experiences.

Chimera Investment Corporation Announces Date of Fourth Quarter and Full Year 2020 Financial Results and Conference Call

Tuesday, January 26, 2021 - 9:30pm

If you would like to be added to the e-mail distribution list, please visit www.chimerareit.com , click on Contact Us & Email Alerts, and complete the email notification form.

Key Points: 
  • If you would like to be added to the e-mail distribution list, please visit www.chimerareit.com , click on Contact Us & Email Alerts, and complete the email notification form.
  • We are a publicly traded REIT that is primarily engaged in the business of investing directly or indirectly through our subsidiaries, on a leveraged basis, in a diversified portfolio of real estate assets, including mortgage loans, Agency RMBS, Non-Agency RMBS, Agency CMBS, and other real estate assets.
  • Please visit www.chimerareit.com for additional information about the Company.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20210126006047/en/

Media Alert: Rambus To Announce Fourth Quarter And Fiscal Year 2020 Results

Tuesday, January 19, 2021 - 9:05pm

SAN JOSE, Calif., Jan. 19, 2021 /PRNewswire/ -- Rambus Inc. (Nasdaq: RMBS), a premier silicon IP and chip provider making data faster and safer, today announced that it will hold a conference call on February 1, 2021 at 2:00 p.m. Pacific Time to discuss its fourth quarter and fiscal year 2020 results.

Key Points: 
  • SAN JOSE, Calif., Jan. 19, 2021 /PRNewswire/ -- Rambus Inc. (Nasdaq: RMBS), a premier silicon IP and chip provider making data faster and safer, today announced that it will hold a conference call on February 1, 2021 at 2:00 p.m. Pacific Time to discuss its fourth quarter and fiscal year 2020 results.
  • This call will be webcast and can be accessed via Rambus' website at investor.rambus.com.
  • Rambus is a premier silicon IP and chip provider that makes data faster and safer.
  • Leveraging our semiconductor expertise, Rambus solutions speed performance, expand capacity and improve security for today's most demanding applications.

Media Alert: Rambus to Present at 23rd Annual Needham Virtual Growth Conference

Monday, January 4, 2021 - 9:05pm

SAN JOSE, Calif., Jan. 4, 2021 /PRNewswire/ --Rambus Inc. (Nasdaq: RMBS), a premier silicon IP and chip provider making data faster and safer, today announced that Rahul Mathur, chief financial officer, will present at the 23rd Annual Needham Virtual Growth Conference on Tuesday, January 12, 2021 at 3:30 p.m.

Key Points: 
  • SAN JOSE, Calif., Jan. 4, 2021 /PRNewswire/ --Rambus Inc. (Nasdaq: RMBS), a premier silicon IP and chip provider making data faster and safer, today announced that Rahul Mathur, chief financial officer, will present at the 23rd Annual Needham Virtual Growth Conference on Tuesday, January 12, 2021 at 3:30 p.m.
  • The presentation will be available through a webcast which can be accessed on the Rambus Investor Relations website at investor.rambus.com .
  • Rambus is a premier silicon IP and chip provider that makes data faster and safer.
  • Leveraging our semiconductor expertise, Rambus solutions speed performance, expand capacity and improve security for today's most demanding applications.

KBRA Releases Research – 2021 Sector Outlook: Will RMBS Get Back on Track?

Friday, November 20, 2020 - 4:30pm

Kroll Bond Rating Agency (KBRA) releases its 2021 RMBS Outlook, which provides updates for full-year 2020 issuance volume, a review of key RMBS market and performance themes, as well as 2021 forecasts.

Key Points: 
  • Kroll Bond Rating Agency (KBRA) releases its 2021 RMBS Outlook, which provides updates for full-year 2020 issuance volume, a review of key RMBS market and performance themes, as well as 2021 forecasts.
  • The report also summarizes and discusses collateral performance trends, ratings activity, and research throughout 2020.
  • 2020 Issuance Volume: $55 billion, down 10% compared to FY 2019 ($60.4 billion).
  • 2021 Issuance Expectation: We estimate 2021 issuance to increase 27% YoY to reach almost $69 billion across RMBS 2.0, with large growth contribution from the prime sector (+60%).