Most are currently exempt, but the carve out that they enjoy from Dodd-Frank is contentious; former Congressman Barney Frank, one of the acts co-authors, called attention to it at his keynote speech at IMNs ABS Vegas conference on Monday morning.
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Marketplace lenders are targeting banks most lucrative credit card customers.
April 16
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The Pennsylvania Higher Education Assistance Agency and Sallie Mae are marketing a combined total of $1.3 billion of student loan securities.
April 16 -
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
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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 -
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
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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
