The $403.1 million Atlas Senior Loan Fund XIV will have seven classes of notes, as well as a combination securities tranche that will make up all or portions of three subordinate classes.
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S&P says investors are asking more questions about how rising levels of self-storage property collateral is affecting conduit CMBS transactions.
June 17 -
The marketplace lender has garnered improved ratings in its latest securitization of unsecured consumer loans, a pool featuring a higher proportion of prime borrowers and additional credit enhancement compared to its prior deal.
June 17 -
The executives were hired for their focus on loan origination, portfolio management and securitization.
June 17 -
Dozens of companies, including Google and PayPal, met with OCC officials last year in part to discuss obtaining a new fintech charter, but many ultimately decided not to pursue it, according to sources. Here's why.
June 16 -
James Cotins and Matthew Lyons will work with lead partners Lee Askenazi and Robert Villani at the New York-based firm, joining from Alston & Bird.
June 14
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Cerberus affiliate FirstKey Mortgage will pool outstanding first- and second-lien loans totaling $277.7 million drawn from 1,732 seasoned and performing HELOCs.
June 14 -
Ford Motor Credit is among the first ABS issuers to backstop the impending demise of U.S.-dollar Libor with a Fed-endorsed SOFR term rate, since a Fed working committee finalized voluntary guidance on a benchmark replacement.
June 14 -
The notes are backed by receivables from private-label, dual-card originations by Synchrony via retail partners.
June 13 -
The Federal Housing Finance Agency has appeared willing to take its own steps to reform Fannie Mae and Freddie Mac, but legislation would be necessary to create an explicit guarantee of the mortgage system.
June 13 -
Foursight's first deal of 2019 has a rising 36.6% share of subprime borrowers from its lower-tier loan programs.
June 13 -
OBX 2019-INV2 is a private-label RMBS pool of 1,087 of agency-eligible investor-property loans.
June 12 -
Fitch says credit quality in the California-based bank's auto-loan originations have deteriorated slightly with more exposure to near-prime borrowers.
June 12













