Springleaf has “adequate liquidity” to survive over the next 12 months, and is seeing smaller losses on its business
-
S&P downgraded 242 ratings during 3Q12, for a 1.9 upgrade-to-downgrade ratio, dropping from the record ratio of 3.3 in 2Q12.
October 30 -
Hurricane Sandy is likely to affect coastal and some inland regions of several states, but analysts at Standard & Poor's said today that it was still too early to gauge the effects on residential and commercial real estate.
October 29 -
LPS has reached a settlement with the Colorado Attorney General that concludes the State's investigation of the former document execution practices by LPS units,
October 29 -
Once the Consumer Financial Protection Bureau finalizes several mortgage rules in January, the bureau should be prepared to provide timely guidance on implementation issues, according to three industry groups.
October 29 -
The national two-year default rate went up to 9.1% for the most recent cohort, increasing from 8.8% for the 2009 cohort.
October 29
-
NorthStar Realty Finance Corp priced its $351 million CMBS transaction, 2012-1, at a weighted average coupon of LIBOR + 1.63%, amid concerns, cited by Fitch Ratings, that the structure's triple-A bond lacks sufficient credit enhancement.
October 29 -
Bank of America Merrill Lynch said in a report on Friday that half of all outstanding CMBS conduit loans set to mature over the next five years, would be able to refinance successfully.
October 29 -
It appears that the days of the U.S. Treasury Department doling out money to Fannie Mae and Freddie Mac are just about over, according to a new report from the Federal Housing Finance Agency (FHFA).
October 28 -
Citigroup Global Markets analysts said that they expect a spurt of regulatory activity after the Nov. 6 presidential elections.
October 28 -
Bank of America Merrill Lynch analysts maintain their positive view on student loan ABS given recent reports showing trends that can reduce headline risk in the sector.
October 28 -
Based on volume, this week was one of the quietest weeks since July with many securitization participants were away attending two major conferences through part of the week.
October 26 -
Deutsche Annington agreed to final terms for a refinancing of GRAND, a German mutifamily CMBS transaction, with a group of senior and junior noteholders representing 44% of the total.
October 26