Pillar Capital has appointed Stephen A. Velotti Chief Executive Officer effective immediately, the Bermuda-based insurance asset management company said in a press today.
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Freddie Mac takes the first step in shifting mortgage default risk to the private sector.
August 29 -
The proposed alignment of the qualified residential mortgage rule with existing mortgage risk retention standards will ease the underwriting and securitization of prime borrower loans but are the rules too lenient on borrowers?
August 29 -
Brigade Capital Management is issuing its first collateralized loan obligation of the year.
August 29 -
Volkswagen extended its Driver auto loan securitization franchise into the French market via the €491 million ($650M)Driver France FCT Compartiment 2013-1 transaction.
August 29 -
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John Deere priced $849 million of notes backed by equipment installment sale contracts,
August 28 -
Federal regulators on Wednesday proposed aligning new securitization requirements with a recent Consumer Financial Protection Bureau underwriting rule in a move likely to please banks and housing advocates.
August 28 -
The French reinsurer, SCOR Global Life plans to issue a mortality insurance –linked securitization called Atlas IX Capital Ltd.
August 28 -
GoldenTree Asset Management hired Brian Marshall as managing director for the firm’s business development group, the firm said.
August 27 -
Wells Fargo reported that auto loans outstanding increased at an 8.5% rate on a year-over-year basis in Q2 2013 but auto loan abs issuance has not kept pace.
August 27 - Europe
Standard & Poor’s reported today that August securitization issuance slowed to $1.4 billion ($1.87 billion).
August 27 -
Insurance companies have focused on higher yielding paper, within benchmark ABS asset classes in their 2013 new issue investments, according to a JP Morgan report.
August 27
