Former Congressman Barney Frank, co-author of the Dodd-Frank Wall Street Reform Act, is not opposed to changes in the eponymous legislation, but in some cases he thinks the rules should be tightened, rather than loosened.
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Comenity Bank priced an upsized securitization of credit card receivables from its World Financial Network Credit Card Master Note Trust.
April 16 -
Credit Agricole Consumer Finance Nederland plans to securitize 1.07 billion ($1.14 billion) of unsecured, Dutch consumer loans.
April 16 -
Zurich Insurance is markting a transaction called Willow No.2 (Ireland) that repackages subordinate notes previously issued by the Swiss multi-line insurer.
April 16 -
Securitization was bound to take center stage at some point at the LendiUSA 2015 conference, a gathering of players in the online lending business.
April 15
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The catastrophe bond market has hit a new record. Issuance in Q1 totaled $1.7 billion, the most for the first quarter of any year, according to data cobbled together by Aon Benfield.
April 15 -
Platform Funding Limited, a wholly owned subsidiary of the Co-Operative Bank, and GMAC-RFC are securitizing £1.78 billion ($2.6 billion) of U.K. non-conforming loans.
April 15 -
Rating agencies have been demanding additional investor protections for what are known as the junior triple-A tranches of CMBS.
April 15 -
More banks are buying mortgage servicing rights now, reversing a post-crisis shift that saw nonbanks dominant the MSR purchasing landscape, according to a Fitch Ratings report.
April 14 -
Agate Bays third residential mortgage backed securitization of this year pools loans with lower leverage and higher FICOs compared to the issuer first two deals of the year, according to Kroll Bond Ratings Agency.
April 14 -
A group of investors will be made whole after a failed Danish bank was found to have misrepresented its finances.
April 14 -
Italys Alba Leasing is marketing a 767 million ($820 million) securitization of lease receivables extended to Italian small and medium-sized enterprises (SMEs) and individual entrepreneurs, according to Moodys Investors Service.
April 14

