Healthcare Finance Group is in the market with $93 million of healthcare receivables-backed notes. The Series 2011-1 notes are being issued in anticipation of the expected maturity in June 2011 of the issuer’s Series 2006-1 notes, according to a Moody's Investors Service presale report.
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This afternoon the New York Federal Reserve told dealers that it does not anticipate any further auctions of its Maiden Lane II (ML II) portfolio in the near term.
June 30 -
Tejas Securities Group, a wholly-owned subsidiary of Westech Capital Corp. hired Samir Shah as managing director and co-sales manager of structured products.
June 30 -
Taylor, Bean & Whitaker's (TBW) former chairman and CEO Lee Farkas was sentenced today to 30 years in prison for leading a $2.9 billion fraud scheme that brought down the top-ranked nonbank lender, and its chief warehouse backer Colonial Bank.
June 30 -
The U.S. Bankruptcy Court in New York has approved the reorganization plan of Innkeepers USA Trust, a REIT that filed for Chapter 11 protection in July 2010.
June 30 -
Grant Thornton’s public finance practice has been selected as the structuring and refunding verification agent for NYS Tobacco Settlement Financing Corp.’s (TSFC) $959.1 million ABS offering, which was priced by Barclays Capital on Tuesday.
June 30
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Lawyers for NCUA told a federal judge here that the federal agency's June 20 suits against JP Morgan and RBS Securities should not exonerate officers and directors of WesCorp FCU in the 2009 failure of the one-time $34 billion corporate credit union.
June 30 -
Mortgage rates were little changed in the week ending June 30, according to Freddie Mac's weekly survey.
June 30 -
If Bank of America Corp.'s proposal to settle its MBS claims for $8.5 billion is approved as is by a court, the deal would provide the template for other banks to clean up their own MBS messes.
June 30 -
Two years into the Home Affordable Modification Program (HAMP), it appears the number of borrowers able to qualify for HAMP mods has leveled off while candidates for proprietary modifications surged in the first quarter.
June 30 -
New notices of default at the nation's private mortgage insurers far outpaced cures in May, ending a run of three months where the opposite was the case, according to the latest data from the Mortgage Insurance Cos. of America (MICA).
June 30 -
An ill-fated $300 billion program Congress approved in 2008 to refinance delinquent underwater borrowers into Federal Housing Administration (FHA) loans will expire Sept. 30 – after providing relief to less than 600 borrowers.
June 30 -
Santander Consumer Bank (SCB) is marketing an auto loan ABS worth €630 million ($915 million).
June 30