Here's a puzzle of modern finance: during a period when borrowing costs are at rock-bottom levels and tens of millions of borrowers have refinanced their mortgages, it remains impossible for many gainfully employed Americans to refinance their student loan debt.
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The K-036 Certificates include two senior principal and interest classes, one senior interest-only class and one junior IO class.
February 5 -
Freddie Mac is preparing its third offering of notes linked to the credit risk on mortgages that it insures.
February 5 -
A team assembled by ex-regulator Raj Date is preparing to launch a plastic card for Americans who don't qualify for mainstream credit.
February 5 -
The deal, which allows investors access to a non-traditional asset class, was upsized by $125 million to $500 million.
February 4 -
Moody's Investors Service has assigned provisional ratings of Aaa to the Series 2014-1 class A fixed rate notes and Baa2 to the class B fixed rate notes.
February 4
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The securitization trust has one of the largest concentration of subprime collateral, according to Moody's Investors Service.
February 4 -
The Trepp delinquency rate decreased 18 basis points in January, marking the eighth straight month of improvement.
February 4 -
Commercial and multifamily mortgage originations will grow to $300 billion in 2014 a 7% increase from last year, according to the latest forecast from the Mortgage Bankers Association.
February 3 -
The Securities and Exchange Commission wont be voting on Regulation AB II this week as it had previously announced.
February 3 -
According to a preliminary deal prospectus the deal will issue $1 billion of auto lease backed securities.
February 3 -
Barclays analysts expect to see about 13.5 billion ($18.3 billion) in publically-placed issuance of residential mortgage securities (RMBS) this year.
February 3 -
Seven industry trade groups representing the largest financial interests, including the Structured Finance Industry Group (SFIG), are calling on U.S. regulators to revise a proposed liquidity requirement to reflect changes made by global regulators.
February 3