The swelling trillion-dollar student loan market is missing key data and regulations necessary to head off another financial crisis, according to Rohit Chopra, the Consumer Financial Protection Bureaus top official in charge of dealing with student loans.
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Morgan Stanley and Bank of America have priced $1.3 billion of commercial mortgage backed securities, according to a regulatory filing.
January 31 -
Cantor Fitzgerald & Co. added two managing directors to its fixed income sales and trading team
January 31 -
Lenders are loosening underwriting standards for nearly every type of credit except for some home equity lines, according to a report issued Thursday by the Office of the Comptroller of the Currency.
January 30 -
CarMax plans to issue $800 million of asset-backed securities backed by prime auto loans, according to a deal prospectus filed with the Securities and Exchange Commission.
January 30 -
Educational Services of America priced $201 million of asset-backed securities backed by Federal Family Education Loan Program (FFELP) rehabilitated student loans.
January 30
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The deal, Exeter Automobile Receivables Trust 2014-1, was upsized by $150 million to $650 million and offered investors four tranches of notes.
January 30 -
Volkswagen Leasing announced a publicly placed German auto loan securitization that will offer investors two tranches.
January 30 -
The Securities and Exchange Commission will vote next week on whether to adopt rules revising the disclosure, reporting, and offering process for asset-backed securities.
January 30 -
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The Federal Reserve on Wednesday took another step in its effort to scale down a controversial bond buying program by an additional $10 billion.
January 29 -
Ally Financial priced its upsized $1 billion offering of notes backed by automotive dealer financing, according to a regulatory filing.
January 29 -
Rep. Mark Takano (D-CA) has called for greater regulatory scrutiny of the asset class as a second deal for American Homes 4 Rent is prepped to come to market.
January 29
