CLOs that are tracked in an index compiled by Standard & Poor’s show that fewer ‘CCC’-rated loans in their pools translate into better performance for transactions.
-
Stephen Mathews took the role of managing director of GC Securities, the firm said today in a press release. He is based in New York.
April 29 -
Corporate borrowers continue to take advantage of strong demand for loans to re-price existing debt, and this is putting a squeeze on some of the biggest buyers of loans—collateralized loan obligations.
April 26 -
The New Mexico Educational Assistance Foundation plans to issue a $224 million Federal Family Education Loan Program–backed student loan securitization deal.
April 26 -
Air Canada priced its first enhanced equipment trust certificates, the $714.5 million Air Canada Pass Through Certificates, Series 2013-1, on Thursday.
April 26 -
Fitch Ratings does not expect to either upgrade or downgrade any European collateralized loan obligations for the remainder of 2013.
April 26
-
Office loans in CMBS have the highest default rates for the second year running, according to Fitch Ratings.
April 26 -
The six regulatory agencies that are working on the qualified residential mortgage risk retention rule are looking at aligning it with the qualified mortgage rule, according to a key participant.
April 25 -
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.
April 25 -
David Akre is the new managing director at Oak Circle Capital Partners, where he will develop opportunities in in non-agency RMBS investments, securitization and origination.
April 25 -
GE Commercial Distribution Finance Corp. issued its $500 million dealer floorplan asset-backed securitization on Wednesday.
April 25 -
-
Redwood Trust has issued $2.7 billion in private label jumbo mortgage securitizations, nearly doubling its MBS issuance since restarting issuance in 2010.
April 24
