San Bernardino County moved a step forward Thursday with its plans to restructure underwater mortgages through the use of eminent domain.
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The Public Utilities Commission of Ohio approved an application by FirstEnergy to securitize approximately $555 million in previously approved deferred energy costs costs.
October 15 -
GuardianInvestment Banking and Real Estate today said that Hernan Magarinos joins the New York office as managing director.
October 15 -
The Federal Reserve's plan to buy an unlimited amount of mortgage securities until jobs rebound has helped contribute to higher trading volumes at JP Morgan Chase but the promise to keep rates low through at least mid-2015 has hurt the investment bank's margins, Chairman and Chief Executive Jamie Dimon said during a Oct.12, conference call.
October 14 -
Financity Corporation completed the first trade receivables securitization in the Colombian market,for Coltejer S.A., the financing company said today in a press release.
October 12 -
Macquarie Capital named Sandy Edmonstone an executive director and deputy head of global oil and gas.
October 12
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U.S. CMBS delinquencies declined for the fourth straight month according to the latest index results release today from Fitch Ratings.
October 12 -
The U.S. Commodity Futures Trading Commission yesterday said that certain securitization structures would be eligible for exclusion from commodity pool regulation.
October 12 -
Standard & Poor's is betting on the resurgence of the private label U.S. RMBS market.
October 12 -
World Omni Financial Corp. and Nissan Motor Acceptance Corp are both in the market with auto securitization deals sized at $683 million and $750mn respectively.
October 12 -
The qualified residential mortgage rule that determines which privately issued mortgages are subject to risk retention has been on the regulatory backburner for months and may even be repealed.
October 11 -
Securitizations of REO single family homes that have been converted to rentals could come as early as next year, Dash Robinson, managing director at Wells Fargo Securities.
October 11 -
The U.K. Financial Services Authority relaxed bank capital requirements for loans granted under the Bank of England's, Funding for Lending Scheme, which could lead to more bank lending, according a Standard & Poor's sector update published today.
October 11