Ally Financial priced a $500 million subprime auto loan securitization; it features a one-year revolving period
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An academic advocates a new approach to reform: breaking up the rating agency "oligopoly."
September 1 -
As refinancing volumes plummet, lenders are trying to extend the home financing boom by pitching adjustable-rate mortgages to borrowers, harkening back to the pre-crisis boom years.
September 1 -
Many banks in the auto lending business have been making investments that they hope will give them a more enduring edge; to the extent that bank are less likely to securitize these loans, this could impact securitization volume.
September 1 -
Two Ohio utility rate reduction bonds that priced this summer rekindle a debate as to the appropriate benchmark for these securities.
September 1 -
A longstanding leading issuer of munis, New York’s Metropolitan Transportation Authority (MTA) took an entirely new approach to the capital markets this past July: a catastrophe bond.
September 1
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Proposed changes to GAAP could make it less attractive to lease large equipment, but more attractive to securitize leases.
September 1 -
Freddie Mac takes the first step in shifting mortgage default risk to the private sector.
September 1 -
Moody's: No Rating Impact on Cairn CLO's Amendment
August 30 -
SFIG is the latest securitization voice to join opposition against eminent domain. The group filed a brief today in support of Wells Fargo’s lawsuit to stop the City of Richmond, California from seizing mortgage loans under the plan.
August 30 -
FINRA’s planto disseminate pricing on after-market transactions in asset-backed securities through TRACE should transform the market.
August 29 -
I advocate a new approach to reform: breaking up the rating agency oligopoly.
August 29 -
Two Ohio utility rate reduction bonds that priced this summer rekindle a debate as to the appropriate benchmark for these securities.
August 29