Reduced participation of bank lenders serving the small business sector has created more opportunities for non-bank specialty finance companies to originate and securitize small business loans

Underwriting may be getting sloppy, but the market for commerical mortgage bonds appears headed for anothe year of issuance growth and declining delinquencies.

Community Bank System in DeWitt, N.Y., will take a $6.9 million loss in the fourth quarter after selling collateralized-debt obligations and other securities in response to concerns over the Volcker Rule.

Lenders wrote off $13.6 billion in student loan debt between January and August, a 46% increase from one year earlier and the highest amount for an equivalent period in eight years, according to Equifax

First-time collateralized loan obligation managers entered the game in droves in 2013, and participants expect the trend to continue in 2014, even if risk-retention regulation will make it more difficult for smaller firms to keep playing.

The country could begin issuing under its new covered bonds legislation as soon as the law comes into force in March 2014, according to Fitch Ratings.

Solid demand for tank cars will support railcar securitization issuances over the next two years, according to a roundtable hosted by Standard & Poor’s.

Rising interest rates and the end of the refinancing wave could reduce agency MBS issuance by more than 30% next year.

Banking regulators have until Monday to respond to a lawsuit filed by the American Bankers Association over the Volcker Rule.

The sale will result in an after-tax charge of approximately $900,00, or 12 cents a share, to the company’s fourth quarter net income.

Nothwithstanding the concern about some looser underwriting of commercial mortgage-backed securities, the CEO of Cantor Commercial Real Estate is very bullish about the potential for 2014 issuance.