Utility tariff bonds continue to price wide of other off the run ABS asset classes despite offering investors strong credit and strong fundamentals, according to Wells Fargo Securities.
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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
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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 -
Sabal Financial Group expanded its commercial mortgage-backed securities business with the launch of a transaction support services division called Sabal Commercial Advisors.
May 2 -
Markit, the global financial information services company, has launched a new service for the pricing of collateralized loan obligation tranches.
May 2 -
Dan Perl, chairman & CEO of Citadel Servicing said that he sees a market for the securitization of private label, non-prime mortgage loans.
May 2 -
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