Citigroup's decision to leave the mortgage-servicing business by the end of 2018, is part of a long-term strategy to increase returns and sharpen the bank's focus on its core retail customers.
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JPMorgan is relying on someone else to keep skin in the game of its next offering of commercial mortgage bonds.
March 1 -
New Residential Investment Corp. is readying an offering of bonds backed by both reperforming and nonperforming mortgages, according to DBRS.
March 1 -
The oft-maligned risk-retention standards for asset-backed securities benefits from members of at least one segment of the market: commercial mortgage-backed securities investors.
February 28 -
The worsening trend for subprime lenders amid an otherwise healthy consumer economy is a puzzling development that even auto loan securitization experts were somewhat at a loss to explain at SFIG Vegas.
February 28 -
Expect to see more bonds backed by Property Assessed Clean Energy Loans that earn top marks from credit rating agencies.
February 28
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Theres a rising risk of denial of service attacks due to the widespread use of smart devices like thermostats, TVs and fridges, according to former Department of Homeland Security Director Michael Chertoff.
February 28 -
Lost in the battle between banks and retailers which is being fought with renewed vigor in the early days of the Trump administration is any consideration of how caps on interchange fees have affected consumer spending patterns.
February 28 -
Rules requiring issuers of asset-backeds to keep "skin in the game" of deals haven't been as burdensome as many featured.
February 28 -
The slow pace of new issuance is likely to compel CLO investors to accept even smaller risk premiums, according to participants polled at an industry conference Monday.
February 27 -
Securitization pros are guardedly optimistic about the Trump Administrations impact on the industry, even if no one expects to see a rollback of regulations imposed by the Dodd-Frank Act in the immediate future.
February 27 -
The Structured Finance Industry Group is teaming up with the trade association for the blockchain industry to explore ways that distributed ledger technology can be used to speed up transaction processing and improve transparency.
February 27 -
World Omni Financial Corp. is leasing cars to consumers with lower credit scores, and the risk is being compounded by the fact that so many leases mature at the same time.
February 27