The European DataWarehouse came in for some criticism at Information Management Network’s and Association for Financial Markets in Europe’s Global ABS 2012 conference, which is being held in Brussels this week.

June 14
1 Min Read
  • The auto securitization pipeline is filling up once again. Ally Financial is getting ready to sell a $1.06 billion ABS deal under its Ally Auto Receivables Trust 2012-4.

    August 6
  • Redwood Trust hopes to enter the agency business, according to the REIT’s new Redwood Review report.

    August 6
  • ABS

    Two new collateralized loan obligations priced last week, bringing the total volume for the year to date to roughly $21 billion, according to Bank of America Merrill Lynch.

    August 6
  • Fitch analysts said that the performance across CMBS property types has been dependent on the state of office properties, according to Fitch Ratings’ most recent U.S. Structured Finance Snapshot. This sector “will likely continue to see net operating income declines unless the property is in a core market such as New York,” said Huxley Somerville, managing director and CMBS group head.

    August 6
  • Barclays Capital said that the new SunTrust Bank Private Student Loan Consolidation Program, announced by First Marblehead Corp. (FMD) on Aug. 2, is beneficial to current and next-pay classes in the ABS market.

    August 6
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  • BNY Mellon Capital Markets has recruited an eight-person team of MBS experts from Ally Securities.

    August 6
  • ABS

    The Jersey City, N.J.-based financial services firm that lost approximately $440 million due to a technological glitch on the NYSE at the start of the month has received an amicable tender from fellow Wall Street faithful.

    August 6
  • ABS

    A $25 million penalty collected by the Consumer Financial Protection Bureau (CFPB) last month is focusing attention on an aspect of the fledgling agency's powers that was long overlooked but now carries large political significance.

    August 6
  • It stands to reason that with delinquencies falling and home values firming up that mortgage servicing rights are poised for a handsome increase in value. But judging from the latest earnings statements from the nation’s megabanks, nothing could be farther from the truth.

    August 5
  • It was an Olympic week in the markets this week with three top tier events: Federal Open Market Committee (FOMC), European Central Bank (ECB) and July employment.

    August 3
  • SunTrust Banks in Atlanta will offer a new loan program that allows borrowers to refinance their existing private student loans.The SunTrust Bank Private Student Loan Consolidation Program gives approved borrowers the choice of a fixed- or variable-interest rate in addition to several repayment terms, according to First Marblehead, a third-party administrator of student lending activities for SunTrust. The program will begin accepting applications in early August.

    August 3
  • Due diligence provider Risk Management Group (RMG) said that Charles Cacici has resigned from his position as managing member of the firm. Cacici plans to focus on personal endeavors, according to a statement from RMG.

    August 3