Most new collaterlized loan obligations have the ability to invest in bonds, but only if regulators clarify certain Volcker Rule language.
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DriveTime is back with its second subprime auto loan securitization of the year, according to a presale report published by Standard & Poors.
April 8 -
The cost of obtaining reinsurance against damage from hurricanes in Florida could fall sharply again this year, according to Fitch Ratings.
April 8 -
A two-year extension to the deadline for banks to comply with prohibitions against holding certain collateralized loan obligations does nothing to clear up uncertainty in this market, according to Wells Fargo.
April 8 -
Citigroup has offered a payment of $1.125 billion in cash to settle mortgage repurchase claims made by 18 institutional investors represented by the law firm Gibbs & Bruns.
April 8 -
Floridas Citizens Property Insurance Corp. is marketing a $400 million catastrophe bond, according to a presale report published by Standard & Poors.
April 7
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Regulators will extend by two years the conformance period under the Volcker Rule for banks with legacy collateralized loan obligations, the agencies said Monday.
April 7 -
Volkswagen Bank plans to issue a securitization backed by 952 million ($1.3 billion) of German auto loans from its Driver series.
April 7 -
Flagship Credit Acceptance joined the line-up of subprime auto loan securitizations this week with its $266 million Flagship Credit Auto Trust 2014-1;
April 7 -
BMW is preparing a $1.0 billion securitization of auto leases, according to a presale report published today by Fitch Ratings.
April 7 -
Colony American Homes' single-family rental securitization priced at significantly wider spreads than the inaugural deal by Blackstones Invitation Homes in November.
April 4 -
Capital One Bank priced a total of $750 million of class A 2014-2 and class A 2014-3 notes from its Capital One Multi-Asser Execution Trust, according to an Interactive Data report.
April 4 -
Creating a one-size-fits-all approach to collateralized loan obligations does not harm Wall Street, it harms American businesses.
April 4
