Capital Markets Cooperative, a secondary market specialist, is continuing to look at possible acquisitions, but is in no rush to sign on the dotted line.
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Barclaycard on Tuesday became the latest credit card lender to benefit from Bank of America Corp.'s crash diet, by scooping up a $1.3 billion SLM Corp. or Sallie Mae card portfolio.
February 29 -
The recently unveiled HARP 2.0 initiative should be “fully” operational in 30 days and is already exceeding expectations, according to Department of Housing and Urban Development secretary Shaun Donovan.
February 29 -
During a pair of appearances Tuesday on Capitol Hill, top housing officials from the Obama administration sought to reassure members of Congress about the financial condition of the Federal Housing Administration.
February 29 -
The Federal Reserve Bank of New York announced the sale of the rest of the securities in the Maiden Lane II LLC (ML II) portfolio.
February 28 -
The Secretary of the Commonwealth of Massachusetts has fined State Street Corp. $5 million over its role as investment manager in the Carina CDO.
February 28
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Wells Fargo & Co. unveiled specific new terms in the national mortgage servicing settlement on Tuesday, providing the most detailed summary to date of what concessions banks did and did not win from federal and state officials.
February 28 -
Freddie Mac announced a new offering of its multifamily MBS called Structured Pass-Through Certificates.
February 28 -
Traccr has said that a structured products specialist Swiss client has executed a $5 million bespoke credit-linked note (CLN) through the firm's electronic platform.
February 28 -
The Carlyle Group said today it completed the acquisition of the management contracts of four European CLOs with total assets of €2.1 billion in from Highland Capital Management, an alternative asset management firm based in Dallas.
February 28 -
Domino's Pizza said today it plans to issue a new securitization deal that will refinance outstanding debt tied to a $1.85 billion 2007 securitization deal.
February 28 -
Huntington National Bank is planning to sell an auto transaction worth $1 billlion. For the Securities and Exchange Commission filing related to the offering, please click link.
February 28 -
Steep spreads in the Eurobond market may provide incentives for Turkish banks to issue deals backed by diversified payment rights (DPRs) this year, said Standard & Poor's in a text box accompanying a video presentation on Turkish DPRs.
February 28