Deutsche Bank and Cantor Fitzgerald are marketing a $1.2 billion of bonds collateralized by 63 commercial mortgage loans, according to Kroll Bond Rating Agency.
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The Loan Syndications andTrading Association wants federal agencies to consider an exemption for CLOs at the same time it considers one for Trups CDOs.
January 2 -
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
January 2 -
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Underwriting may be getting sloppy, but the market for commerical mortgage bonds appears headed for anothe year of issuance growth and declining delinquencies.
December 31 -
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.
December 31
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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
December 31 -
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.
December 30 -
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.
December 27 -
Solid demand for tank cars will support railcar securitization issuances over the next two years, according to a roundtable hosted by Standard & Poors.
December 27 -
Rising interest rates and the end of the refinancing wave could reduce agency MBS issuance by more than 30% next year.
December 27 -
Banking regulators have until Monday to respond to a lawsuit filed by the American Bankers Association over the Volcker Rule.
December 27 -
The sale will result in an after-tax charge of approximately $900,00, or 12 cents a share, to the companys fourth quarter net income.
December 26
