Overall, the August prepayment report is viewed as uneventful for the most part since it did not reflect the sharp drop in mortgage rates that occurred beginning in August.
-
FBR Capital Markets has made large cuts to its leveraged finance group, including high yield trading staff.
October 28 -
Buckley T. Ratchford, head of global bank loan trading and distressed investing at Goldman Sachs, will leave the firm at year’s end, according to an internal memo obtained by ASR sister publication Leveraged Finance News.
October 28 -
The Commercial Real Estate Finance Council in Japan plans to revive CMBS by implementing new market standards.
October 28 -
-
Investor demand for commercial real estate loan portfolios in both the U.S. and Europe appear to be rising, but these are “two different markets right now,” according to one expert.
October 28
-
CarMax Business Services and World Omni Financial Corp. are in the market with auto securizations.
October 28 -
Rep. Scott Garrett unveiled a reform plan on Thursday designed to draw the private sector back to the secondary-mortgage market after troubled Fannie Mae and Freddie Mac are eventually terminated.
October 28 -
Lawmakers are questioning Bank of America's recent transfer of derivatives from its Merrill Lynch subsidiary to its retail bank subsidiary.
October 28 -
Iowa Student Loan Liquidity Corp. is in the market with a student loan transaction worth $249 million, according to a preliminary offering memorandum. Morgan Stanley is managing the transaction.
October 28 -
Miramax Film said it plans to refinance outstanding debt with a film rights and contracted receivables ABS.
October 28 -
The Federal Housing Finance Agency Thursday morning released new estimates on the ultimate cost of bailing out Fannie Mae and Freddie Mac, cutting its worst case scenario projection to $311 billion from $363 billion.
October 27 -
During the first nine months of the year Fannie Mae issued $16.7 billion of multifamily MBS, already surpassing its volume for all of last year.
October 27