Today the Board of the IOSCO published the final report on Principles for Ongoing Disclosure for Asset Backed Securities, which is a guide to securities regulators.
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Social Finance Inc., a non-bank lender, is looking to upend student lending in the United States by offering more favorable rates to borrowers it views as most likely to repay their loans.
February 20 -
Wells Fargo Securities is marketing a $516 million collateralized loan obligation for Octagon Credit Investors, according to a presale report published by Standard & Poor’s.
February 20 -
Nelnet is preparing a $1.156 billion student loan securitization, its second this year, according to ratings agency reports.
February 20 -
JP Morgan Chase plans to issue a second deal from its Chase Issuance Trust, a securitization that will be sized at $750 million.
February 19 -
It’s been a long time coming, but Europe is about to see its first collateralized loan obligation since the financial crisis, a €300 million deal from Cairn Capital.
February 19
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Redwood Trust is fully validating expectations that it would keep the private label market of residential mortgage-backed securities (RMBS) alive this year.
February 19 -
The percentage of interest-only loans in commercial mortgage-backed securities is rising, increasing the risk of losses in these deals, according to Kroll and S&P.
February 19 -
The European Central Bank recently tightened the eligibility criteria for using covered bonds as collateral for funding. This could hurt covered bond programs
February 19 -
Ford Motor Co. plans to issue a $1.34 billion auto loan securitization that has been rated by Fitch Ratings.
February 19 -
Volkswagen Credit Inc plans to issue a $1 billion auto loan securitization, its first in 2013.
February 19 -
Columbia Management and the Carlyle Group both priced collateralized loan obligations this week in line with initial guidance; the senior tranches of both deals had spreads of Libor plus 130 basis points.
February 15 -
Private student lending is enjoying something of a recovery, and it appears to have a lot to do with the improving market for college graduates.
February 15