Babson Capital Management is in the market with a $512 million CLO.
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Potential homebuyers are "spooked" by the stock market tumbling, the deficit mess in Washington and economic news, according to a Moody's Analytics (MA) economist.
August 19 -
Cerberus Capital’s reported delay of its purchase of some Innkeepers USA assets is a sign of uncertainty in the market, Standard & Poor's said this morning. This is viewed as a negative for CMBS credit.
August 19 -
Homebuyers are double dipping on available federal- and state-run mortgage finance programs, in some cases buying a home with a mortgage that requires virtually no down payment.
August 19 -
While lawmakers raising concerns about a potential merger is nothing new, Rep. Barney Frank added a unique twist to his letter asking the Federal Reserve Board to take more time to review the Capital One-ING Direct transaction: the potential for systemic risk.
August 19 -
CREL CDOs delinquencies dropped for the third consecutive month, the latest index results from Fitch Ratings showed.
August 19
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The auto loans backing rated ABS deals continued to show signs of improvement in July, according to a report from Standard & Poor's.
August 19 -
Cantor Fitzgerald analysts said in a report today that they expect Redwood Trust will be able to fund its growing pipeline and retained subordinate RMBS without having to raise equity anytime soon.
August 18 -
Fannie Mae continues to ratchet up its requests for seller/servicers to repurchase delinquent loans, while its smaller rival Freddie Mac has actually reduced its buyback claims over the past four quarters.
August 18 -
Sales of single-family existing home sales fell 4% in July after a 1% increase in June, but condominium sales were unchanged month over month, according to the National Association of Realtors (NAR).
August 18 -
The U.S. Court of Appeals for the Eighth Circuit has rejected an appeal from Fair Isaac Corp., Minneapolis, letting stand a judge's ruling dismissing some of its claims before trial against VantageScore Solutions, Stamford, Conn., and Experian, Costa Mesa, Calif.
August 18 -
What was billed as a relatively small exception to a risk retention rule is now in danger of becoming so big it may render the regulation nearly useless.
August 18 -
Credit card customers are the happiest they've been since the financial crisis, thanks in part to a government crackdown on the card industry.
August 18