House GOP lenders want to conference with the Senate on a full-year extension. But Senate majority leader Harry Reid, D-Nev., maintains he will not start negotiations until the House passes the two-month extension that the Senate approved Saturday by a 89-10 vote.
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Ford Motor Credit Co. is in the market with Ford Credit Master Owner Trust 2012-1 (FCMOT 2012-1). This deal is backed by dealer floorplan loans sponsored by Ford Credit.
February 6 - Europe
Fitch Ratings continues to expect an orderly debt restructuring for Greece, a view that shapes its opinion on the prospects for Greek structured finance deals.
February 6 -
Credit Agricole Corporate and Investment Bank (CIB), which is Credit Agricole Group’s corporate and investment banking arm, appointed Frederic Truchot as head of fixed-income markets.
February 6 -
The California Attorney General has returned to the 'robo-signing' talks after a four-month absence to possibly take part in a multi-state settlement with the nation's largest residential servicers, according to combined press reports early Monday morning.
February 6 -
Barbara Desoer, the president of Bank of America's home loans division who was once considered a possible successor to former Chief Executive Ken Lewis, will retire at the end of February, BofA said Friday.
February 6
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Federal banking agencies seem to be making little progress in promulgating regulations that will set the ground rules for a revival of the private-label MBS market.
February 6 -
Standard and Poor's expects bank card charge-offs to stay at low levels in 2012 as long as trusts maintain current credit compositions. The rating agency's analysts said that this is positive for credit card ABS collateral.
February 3 -
The Federal Reserve and the Obama administration have put the continued poor state of the housing market front and center on their agendas in the first month of 2012 and now into early February.
February 3 -
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New York Attorney General Eric Schneiderman today filed a lawsuit against Bank of America, JPMorgan Chase, and Wells Fargo charging that using Mortgage Electronic Registration Systems' (MERS) electronic mortgage registry has resulted in a wide range of deceptive and fraudulent foreclosure filings in New York state and federal courts.
February 3 -
Mark Gollin has joined Carlton as managing director who will run the company's European capital markets business.
February 3 -
Assured Guaranty has filed a lawsuit against UBS' real estate securities unit over breach of contract claims.
February 3
