Private student loans originated after 2008 are performing better than Federal Family Education Loan Program (FFELP) student loans, according to a Moody’s Investors Service report.
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The doubling of interest rates on new government guaranteed student loans could actually benefit some holders of bonds backed by existing loans, according to Fitch Ratings.
July 2 -
Two commercial backed mortgage securities conduits, one offered by JP Morgan and another by Deutsche Bank, Cantor Fitzgerald and UBS, priced this week at wider spreads than recent deals.
July 2 -
Springleaf Financial is issuing a $875.499 million subprime mortgage-backed securitization.
July 2 -
Ares Management named Jeffrey Kramer as a portfolio manager in the firm’s capital markets group;he will lead a “tactical expansion” of the firm’s structured credit business.
July 2 -
Horizon Technology Finance Corp., a specialty finance company, has issued $90 million of notes backed by secured loans to technology and healthcare start-ups.
July 2
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Neil Odom-Haslett will join Standard Life Investments as head of commercial real estate lending in August and will lead the company's entry into the U.K. commercial real-estate market.
July 2 -
Interest rates on Federal Direct Subsidized Loans today doubled to 6.8% from 3.4%; but the higher rates won’t have too much of an impact on securitization deals backed by these loans.
July 1 -
Investors at an S&P roundtable said that differences among mortgage-backeds in the caliber of their rep and warranty providers has't translated into differences in deal pricings.
July 1 -
Fitch Ratings today released its analysis of GSE historical mortgage loan-level credit performance data to help investors looking into the upcoming “credit-sensitive” securitization proposals by Freddie Mac.
July 1 -
Improving liquidity in the broader financial markets failed to stem the widening in spreads on asset-backed securities last week, according to J.P. Morgan.
July 1 -
Guggenheim Securities is marketing $350 million of aircraft lease backed securitties according to a Standard and Poor's.
July 1 -
Credit Suisse plans to securitize the residual interest on a legacy private student loan ABS in its latest deal called Credit Suisse ABS Repackaging Trust 2013-A (2013-A).
July 1