The Euro short duration bond fund was launched today and will invest in short-dated fixed and floating-rate debt securities and debt obligations of investment grade corporate and sovereign issuers located within the Eurozone.
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New York regulator Benjamin Lawsky raised fresh concerns about potential "self-dealing" by Ocwen with affiliated businesses that critics say try to capture real estate commissions and charge additional fees to homebuyers.
April 22 -
The banks' JPMBB 2014-C19 CMBS conduit is backed by 61 commercial mortgage loans that are secured by 100 properties.
April 22 -
Wells Fargo is marketing a $449 million floating rate CMBS transaction backed by 25 loans.
April 22 -
Volkswagen is in the market with a $1 billion securitization of auto loan receivables the issuers first of 2014.
April 22 -
Standard & Poor's believes Congress will renew the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) but there is a risk that if scaled back enough, it would create credit and liquidity issues for CMBS, in the same way that letting the policy lapse would.
April 22
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Vornado Realty Trusts plan to spin off 81 strip shopping centers and four malls into a new publicly traded real estate investment trust wont cause an immediate credit fallout for bonds exposed to these properties, said Barclays analysts in a report.
April 21 -
Some lenders in the subprime auto-loan space appear to be raising their underwriting standards, according to Moodys Investors Service.
April 21 -
The three straight week lull in CMBS issuance will be followed an active period that should boost issuance volumes closer to beginning of the year forecasts.
April 21 -
Standard & Poors has cut its forecast for the issuance of non-agency mortgage-backed securities this year by a steep 40%.
April 21 -
In some U.S. states, the lengthy and costly foreclosure timeline on loans in legacy, private-label mortgage bonds, has outweighed the benefits of home price gains.
April 21 -
Former Federal Deposit Insurance Corp. Chairman Sheila Bair took private investors to task last week, arguing that their failure to understand and manage mortgage-market risk helped bring about the financial crisis.
April 21 -
Sallie Mae is still interested in adding to its holdings of Federal Family Education Loan Program loans, even if it took a pass on a $3.6 billion portfolio that CIT sold to Nelnet this month.
April 17






