There are clear signs of stabilization in nonperforming loans (NPLs) in the European Union (EU) after the short-term rises seen from 3Q08 to 3Q09, according to the European Mortgage Federation’s (EMF) updated study.
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Boutique investment bank The Williams Capital Group has added a new division called Eland Capital to address structured finance opportunities for corporate, federal, state and local government clients.
January 31 -
Lender Processing Services (LPS) has responded to the civil complaint filed by the Nevada Attorney General Catherine Cortez Masto against the company in December last year.
January 31 -
A federal judge on Monday indicated he plans to dismiss National Credit Union Administration (NCUA)’s suit against RBS Securities for the sale of failed MBS to WesCorp Federal Credit Union, a ruling that potentially jeopardizes all of NCUA’s claims against Wall Street banks for the failure of the five corporate credit unions.
January 31 -
Commercial banks have experienced an increase in demand for commercial real estate loans since October, according to a Federal Reserve survey released Monday afternoon.
January 31 -
As Rep. Scott Garrett seeks to pass the first significant financial reform law since the Dodd-Frank Act, a lot of forces are arrayed against him.
January 31
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Moody's Investors Service assigned preliminary ratings to the new U.K. RMBS deal from Lloyds Bank's Arkle master trust.
January 30 -
GE Financial, formerly known as AmeriCredit, is reportedly scheduled to price its auto transaction called AmeriCredit Automobile Receivables (AMCAR) Trust 2012-1 early this week.
January 30 -
One of the co-chairs of the new federal/state RMBS Working Group is preparing to file cases in the next few weeks against Wall Street firms involved in the packaging and selling of RMBS.
January 30 -
Seyfarth Shaw hired Frank Burke for the firm’s Los Angeles offices as a litigation partner.
January 30 -
Pillsbury has hired Anthony Schouten and Jeffrey Stern for its finance group as partners in New York.
January 30 -
Expanding the debt-to-income criteria and including investors under the new Home Affordable Modification Program (HAMP) proposal can have a significant impact on non-agency RMBS modification volumes, Bank of America Merrill Lynch analysts said.
January 30
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Barclays is looking to buy up notes in ACA CLO 2005-1, a CLO managed by Apidos Capital Management, in an apparent effort to exercise the deal’s call option.
January 30
