A reported, developing settlement between mortgage securities investors and JP Morgan — separate from the $13 billion mortgage settlement recently announced — would be more generous to bondholders than a similar deal by Countrywide
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Lawmakers are gearing up to intervene if regulators fail to resolve ongoing concerns about the treatment of collateralized debt obligations backed by trust-preferred securities under the Volcker Rule.
January 7 -
Bankcard and private-label charge-offs increased in November but delinquencies remained low, according to a Standard & Poors report.
January 7 -
Navitas Lease Corp. has issued a debut $92.3-million deal backed by equipment loan and lease contracts, according to a company press release.
January 7 -
Final rules implementing the Volcker Rule remove many obstacles to securitization compared with the initial version.
January 7 -
Subprime/non-prime auto loan securitization is on the rise but a study by Transunion says that the outstanding volume for these loans is still below the pre-crisis level.
January 7
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The costs of complying with the Consumer Financial Protection Bureau new servicing guidelines will drive further consolidation in the servicing industry, said Fitch.
January 7 -
Deutsche Bank is marketing its first commercial mortgage securitization of the year, according to a regulatory filing.
January 6 -
ACE Limited, a property casualty insurance company, has established its second reinsurance sidecar under the Altair program.
January 6 -
Following a near-record year in over $7-billion of issuance in catastrophe bonds, industry players at a recent roundtable hosted by Standard & Poors sounded confident that investors new to the sector are not going to get cold feet if they lose money.
January 6 -
Spreads on commercial mortgage bonds could tighten early this month amid the temporary lull in supply, but analysts at JP Morgan believe that, longer term, supply could push new-issue spreads modestly wider.
January 5 -
U.S. ABS securitization issuance was $180 billion in 2013, down 3% from 2012, according to Thomson Reuters data.
January 3 -
The deals, one from Santander and the other from American Credit, add $1.2 billion to the consumer ABS pipeline.
January 3