New York Life Investment Management is preparing to issue a $409 million collateralized loan obligation called Flatiron CLO 2013-1, according to a presale report from Fitch Ratings.
-
Discover Bank plans to issue up to $500 million of class A, 5-year notes from its Discover Card Execution Note Trust.
January 13 -
The $1.5 billion benchmark deal will kick off the year in prime auto loan securitizations.
January 13 -
Eric Smith takes on the role of business development leader. He will develop new business opportunities, and work with clients in liquidity, valuation, capital, financing, servicing and investment.
January 13 -
The bid list for its second auction has been distributed to only of the most competitive firms based on the strength of their reverse inquiries.
January 10 -
Banks could end up holding more home loans on their balance sheets next year instead of selling them to Fannie Mae and Freddie Mac, the result of fee increases that are designed to increase the role of private capital in the mortgage market.
January 10
-
First-time collateralized loan obligation managers entered the game in droves in 2013, and participants dont expect the trend to slow down in 2014, even if risk-retention regulation on the horizon will make it more difficult for smaller firms to keep playing.
January 10 -
Underwriting may be getting sloppy, but the market for commerical mortgage bonds appears headed for anothe year of issuance growth and declining delinquencies.
January 10 -
Final rules implementing the Volcker Rule remove many obstacles to securitization compared with the initial version.
January 10 -
The trade group penned an emphatic comment letter against Finra's proposal to disseminate pricing data for asset-backeds. The main argument? Loss of liquidity.
January 10 -
How peer-to-peer lending could ripple through securitization of consumer and corporate debt.
January 10 -
There may not be much securitization of P2P loans yet online lenders are taking assets that might otherwise be used as collateral for asset-backed securities.
January 10 -
How peer-to-peer lending could ripple through securitization of consumer and corporate debt.
January 10