Moody's Investors Service has assigned a ‘Aaa’ rating to both the floating and fixed rate tranches of Barclays’ Capital first SEC registered, reg AB compliant, U.S. credit card receivable platform called Dryrock Issuance Trust.
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There’s been a lot of talk about the REO-to-rental market over the past year, but no clear indication of how securitization can play a role. That was the case as well at a break out session of the American Securitization Forum’s conference.
January 29 -
With CMBS as surprisingly active as it has been since the start of the year, it should come as no surprise that participants of ASF’s 2013 conference were growing more bullish about the sector’s prospects for the entire year.
January 28 -
Participants on a panel at the ASF’s 2013 conference said the major stumbling block remains uncertainty about what would happen to covered bondholders in the event of a troubled issuing bank going into receivership.
January 28 -
In marked contrast to recent years, speakers at the first major panel of the day sounded some fairly upbeat notes.
January 28 -
Spreads on collateralized loan obligations CLO spreads may have tightened quite a bit over the last two years, but they still have a long way to go, according to panelists at the American Securization Forum’s annual meeting.
January 28
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In the keynote address of the American Securitization Forums 2013 conference, Thomas Curry, comptroller of the Office of the Comptroller of the Currency, stressed the progress that the housing market has made.
January 28 -
The true-up mechanism structured in utility tariff ABS deals has helped deals with exposure to hurricane Sandy, weather the storm said Fitch Ratings.
January 28 -
Nationstar Mortgage said it is developing a programmatic Term ABS issuance program to finance current and future acquisitions of Agency and non-Agency servicing advance assets.
January 28 -
Citi’s new service allow structured finance investors to access the bank’s secure investor reporting website to view notices online in real-time.
January 28 -
First Investors Financial Services issued its $187 million subprime auto lease deal in a private placement transaction, the company said today.
January 25 -
Direct Capital Corp. is planning a $163 million securitization of equipment loans and leases, according to a presale report published by Standard & Poor's.
January 25 -
Kroll Bond Rating Agency is looking to broaden its ratings into credit card asset backed securities.
January 25