The Carlyle Group closed a $510 million CLO, its second in a year, the private equity firm said in statement.
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Moody's Investors Service today commented on how it evaluates the effect of global and bank credit deterioration in Europe on structured finance securities.
May 16 -
False information provided to a regulating body considering the division of bond insurer MBIA into two parts should invalidate the split, according to the attorney for the banks suing MBIA in a hearing Tuesday.
May 16 -
The Federal Housing Administration (FHA) — which holds title to 700,000 seriously delinquent mortgages — plans to ramp up its single-family nonperforming loan sale efforts, according to housing commissioner Carol Galante.
May 15 -
Fitch Ratings has downgraded GMAC Mortgage's U.S. residential mortgage servicer ratings.
May 15 -
Triton Container is in the market with Triton Container Finance III LLC - Series 2012-1
May 15
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Allonhill, a mortgage due diligence provider that two weeks ago lost a consulting contract with the Office of the Comptroller of the Currency, has given layoff notices to dozens of employees, according to industry consultants who were briefed on the matter.
May 15 -
Morgan Stanley is arranging a $470 million CLO for LCM Asset Management.
May 15 -
Auriga USA has boosted its fixed-income U.S. sales and trading operations with various new product lines.
May 15 -
The Fourth Circuit Court of Appeals sided with the Consumer Financial Protection Bureau’s (CFPB) reasoning in an amicus brief and broke ranks with other courts in ruling on a borrower’s right to rescind and void a mortgage contract.
May 15 -
Seventeen RMBS institutional investors represented by Gibbs & Bruns and Ropes & Gray have reached an agreement with Residential Capital (ResCap) and its affiliated debtors.
May 15 -
On the first day of a trial in a lawsuit brought by banks to undo bond insurer MBIA’s split into two companies, the judge made clear she wanted the proceedings to focus on legal rather than factual issues.
May 15 -
Newcastle Investment Corp. said it will be a partner in Nationstar’s plan to purchase $374 billion of servicing rights from Residential Capital Corp. by investing upwards of $300 million in the “excess” servicing strip on the deal.
May 14