Eagle Point's CEO criticized "hyperbole" about growing risks in leveraged loans and CLOs, noting the benefits that price volatility can present to equity buyers.
-
Dividing the transaction into two tranches allowed the GSE to tailor the transaction to the risk appetite of participants, lowering the cost of reinsurance.
December 17 -
The LA-based manager is pricing the replacement AAA notes of Oaktree EIF III Series 1 inside recent market averages through a limited, brief noncall extension.
December 17 -
RBC Capital Markets hired Paul Sheldon, founder of the advisory firm S L Capital Strategies, as a managing director in the municipal finance student loan group.
December 17 -
Stuart Morrissy, a leveraged finance specialist, joins the law firm from the New York office of Milbank, Tweed, Hadley & McCloy.
December 16 -
Live Oak Bancshares became an SBA juggernaut by making loans, selling them and making more. With economic conditions changing, it is retaining more credits.
December 14
-
That's unprecedented; previous series from Ford Motor Credit's master trust financing dealer inventories limited non-amortizing schedules to three to seven years.
December 14 -
The Federal Housing Finance Agency has proposed barring Fannie Mae and Freddie Mac from using credit scores developed by VantageScore over concern about conflicts of interest with the joint venture of Equifax, Experian and TransUnion.
December 13 -
The $255 million Verus 2018-INV2 has more exposure to cashout refinancings than the prior deal, completed in April; on the plus side, borrowers in the latest deal have more equity in their homes.
December 13 -
The $320.1 million Homeward Opportunities Fund 1 Trust 2018-2 features fewer loans that rely on alternative ways to document borrower income, but borrowers have higher debt-to-income ratios and lower FICOs.
December 13 -
The buyers obtained a $597 million mortgage and $53 million of mezzanine financing from Deutsche Bank and Wells Fargo to purchase the JW Marriott Grande Lakes and Ritz-Carlton Grande Lakes.
December 13 -
Average mortgage rates plunged after the United Kingdom first voted to leave the European Union. With uncertainty now growing about how Brexit will actually happen, here's a look at the implications for the housing market and mortgage lending.
December 12 -
Stricter energy regulations for European residential and commercial buildings, effective in 2020, will likely depress cash flow and property values, though the impact will vary by country, according to Moody's Investors Service.
December 12















