Ex-Jefferies & Co. Managing Director Jesse Litvak was sentenced to two years in prison for lying to customers about mortgage-backed securities.
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Auto loan asset-backeds are performing well, pricing tight and drawing more originators into the field. But there concerns about the heady growth in subprime lending, and, to a lesser extent, compliance with Reg AB II.
September 22 -
Some participants at the ABS East conference sponsored by Information Management Network are not convinced transparency will boost liquidity.
September 22 -
Marriott is venturing out with $240 million of bonds backed by timeshare loans, in what is likely one of the few offerings to launch while much of the industry gathers for a conference in Miam
September 22 -
The Treasury Department has some novel ideas for restarting private label mortgage securitization.
September 22 -
Bonds backed by auto loans are widely viewed as the most liquid sector of the asset backed market, according to a survey at the ABS East Conference, sponsored by Information Management Network
September 22
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Participants at the ABS East conference dont expect asset-backed securities or other kinds of structured finance to change hands online anytime soon.
September 22 -
View Thomson Reuters data on issuance for the year to date through September 19, 2014.
September 21 -
View asset-backed deals that priced in the two weeks ended September 19, 2014.
September 21 -
The securitization of small business loans originated by online lenders an asset class that made its appearance last April will keep growing..
September 21 -
JPMorgan Chase is planning a fourth quarter spurt of mortgage bond sales that would keep afloat the market for securities not guaranteed by Fannie Mae and Freddie Mac.
September 19 - Europe
The Volcker Rule doesnt apply on their turf, but European CLO managers are nearly as eager to come in line with the regulation as their U.S. counterparts.
September 19 -
Wells Fargo has increased its forecast for issuance of collateralized loan obligations, once again, to $125 billion for full-year 2014.
September 19
