A New Haven federal grand jury has accused former Jefferies RMBS trader, Jesse Litvak with engaging in a scheme to defraud customers on residential mortgage-backed securities (RMBS) trades.
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Sallie Mae plans to issue its first residual student loan ABS deal in over a decade, according to Fitch Ratings.
April 12 -
An April 2 ruling on RMBS loans in breach of representations and warranties given by a bank is credit positive for investors of both residential and commercial mortgage backed securities, according to Moody’s Investors Service.
April 11 -
A judge has ruled that Bank of America does not have to defend itself against a lawsuit filed by the Federal Deposit Insurance Corp. on behalf of a failed bank.
April 11 -
consolidation among managers of collateralized loan obligations has slowed
April 11 -
Auto ABS remains adequately protected from a potential rise in losses, according to Deutsche Bank.
April 11
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Arbor Realty Trust plans to issue CLOs backed by commercial real estate on a regular basis, Gene Kilgore, executive vice president of structured securitization said today.
April 11 -
US Airways priced two tranches of enhanced equipment trust certificates totaling $819.61 million, according to a pricing document.
April 11 -
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.
April 11 -
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Citigroup plans to bring a $1.2 billion conduit CMBS deal called Citigroup Commercial Mortgage Trust 2013-GCJ11,
April 10 -
Gleacher & Co. said it is closing its MBS and rates, and credit product businesses effective immediately. It will remain in the investment banking business.
April 10 -
This is only days before the American Securitization Forum (ASF) is scheduled to host its annual conference, also in Last Vegas.
April 10
