The biggest impediment to the recovery of the European CLO market is the lack of loan issuance in the region, according to panelists at IMN's industry conference.
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In a research report published today, Moody’s Investors Service said that risk factors are still on the rise for U.S. subprime auto asset-backed securities.
June 18 -
Standard & Poor’s said that severe delinquencies among residential mortgage-backeds tracked by the agency hit a historic peak of 5.38%.
June 18 -
Pillar Capital has appointed Stephen A. Velotti Chief Executive Officer effective immediately, the Bermuda-based insurance asset management company said in a press today.
June 18 -
The announcement comes after the firm just closed its €350 million collateralized loan obligation.
June 17 -
Analysts at Barclays forecast a total of €46 billion ($61 billion) in publicly-placed securitization issuance for 2013, according to their mid-year outlook.
June 17
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Ally Financial is plans to issue $508.21 million of auto receivables-backed notes.
June 17 -
As measured by balance, nearly 90% of commercial mortgage-backed securities that came out before 2009 and are still alive suffer from interest shortfalls.
June 17 -
Ocwen Financial (OCN) is one of several servicers bulking up in subprime in hopes of a day when it is no longer a dirty word.
June 17 -
CVC Credit Partners is marketing a $600 million collateralized loan obligation, according to Moody’s Investors Service.
June 17 -
Nelnet is preparing a $453 million securitization of federally guaranteed student loans, its fourth of the year.
June 17 -
Sallie Mae has appointed Steven McGarry as senior vice president of corporate finance.
June 17 -
Iconix Brand Group priced an upsized offering of $275 million of notes backed by licensing fees.
June 17
