Even though issuance of credit card asset-backed securities so far this year is running ahead of the first two months of 2012, outstanding volumes of deals keeps retreating.
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Lawrence Ceriello has joined Morrison & Foerster’s real estate finance group in New York as a partner.
May 6 -
CarMax is planning an $800 million securitization of used auto loans, according to a presale report issued today by Fitch Ratings.
May 6 -
The percentage of loans paying off on their balloon date registered 64.6% -- eight points above the March reading of 56.6%, according to the Trepp April payoff report,
May 6 -
Having recently been approved to underwrite mortgage-backed securities, W.J. Bradley Financial Services is planning to do just that, according to President Kent Usell.
May 6 -
Fitch Ratings today announced that Andrew Smitiuch will head its Canadian Business.
May 6
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A number of community banks are discovering that bulking up on student loans is easier said than done.
May 6 -
Flagstar Bancorp (FBC) in Troy, Mich., will pay $110 million to settle allegations that it misrepresented the quality of more than $1 billion of private label mortgage-backed securities it sold to investors.
May 3 -
Palmer Square Capital Management, an investment management firm that provides portfolios of structured credit, collateralized loan obligations and hedge fund strategies, has added Jeffrey Fox as executive director.
May 3 -
Controvery over the Mexican equipment lease sector
May 3 -
The revival of Europe’s collateralized loan obligation market doesn’t extend to middle market loans, according to Fitch Ratings.
May 3 -
There’s been plenty of talk about using securitization to finance solar energy, but to date, no deals; the Department of Energy’s National Renewable Energy Laborator wants to jumpstart the process.
May 2 -
Santander Consumer USA plans to bring to market $846 million of asset-backed securities backed by a pool of fixed-rate new and used automobile, light-truck and utility vehicle loans.
May 2