Everbank Commercial Finance it tapped Mike Foster as a business development manager for its growing healthcare group.
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The trend of U.S. banks shifting their subprime mortgage servicing rights to non-bank, specialist servicers looks set to continue, according to a Fitch Ratings report.
June 28 -
The Carlyle Group issued a $461.5 million collateralized loan obligation dubbed Carlyle Global Market Strategies 2013-3, according to a Standard & Poor’s presale report.
June 27 -
Wall Street thinks it has a found a solution to jumpstart the dormant market for private-label mortgage-backed securities: bring a third-party reviewer to determine who is on the hook for bad loans.
June 27 -
Trimaran Advisors, a wholly-owned subsidy of KCAP Financial, is planning a $426.3 million collateralized loan obligation called Catamaran CLO 2013-1.
June 27 -
U.S. prime auto ABS, backed by both leases and loans, have experienced robust performance; but the subprime sector has not shared the same fate.
June 27
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More volatile market conditions may keep most credit card securitization issuers out of the market but maturing 2008 vintage bonds could refinance once the market improves.
June 27 -
Leeds Building Society plans to issue the next investor-placed U.K. RMBS; but issuance in this once dominant sector of securitizations continues to fall below recent years as banks find cheaper funding with the Bank of England’s funding for lending scheme.
June 26 -
Louisiana State Treasurer John N. Kennedy wants a special meeting of the State Bond Commission to reconsider the state's proposed refunding of $628 million of tobacco settlement revenue bonds.
June 26 -
LCM Asset Management priced a $418 million collateralized loan obligation, bringing issuance for the year to $40.6 billion.
June 26 -
Sen. Elizabeth Warren raised concerns about an $8.5 billion line of credi that the Federal Home Loan Bank of Des Moines has provided Sallie Mae
June 26 -
DNA Alpha Limited is planning a $630 million aircraft pass through certificates deal. The certificates were rated by Moody’s Investors Service.
June 26 -
British Airways is prepping $929 million of aircraft pass-through certificates.
June 25