College Ave, founded by two former Sallie Mae executives, makes both in-school and refinance loans; borrowers have the option of making payments before they graduate
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Belgium-based diamantaire Diarough is offering $150 million in notes backed primarily by its inventory of rough and polished diamonds, according to a presale report from Kroll Bond Rating Agency.
August 3 -
With fewer CMBS deals coming to market — partly as a result of risk-retention rules — an independent finance company like Ladder Capital can’t always wait to piggyback on Wall Street’s transactions.
August 3 -
The government-sponsored enterprise is still looking for the right balance between offering a product that's attractive to investors and a cost-effective way to reduce risk.
August 3 -
Tennenbaum is offering up its third middle-market CLO as market conditions ripen for SME loan portfolios
August 2 -
Borrowers have higher FICOs than the prior transactions and fewer of then live outside the U.S. and Canada; however the loans are also less seasoned.
August 2
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So-called transitional lending has traditionally been kept on balance sheet; but it’s become attractive to bundle the loans for transactions called (take a deep breath) commercial real estate collateralized loan obligations. Can investors stomach the features these deals sported before the crisis?
August 2 -
In their biannual Shared National Credits Program report, regulators said that banks' exposure to leveraged loans and the oil and gas sector remained a source of concern.
August 2 -
ECMC Group is marketing another $500 million of notes backed by federally guaranteed student loans that were once delinquent but are now making timely payments.
August 2 -
A higher proportion of borrowers have a “spotty pay history,” and the loans are more geographically concentrated than recent deals, but this is somewhat mitigated by higher borrower equity, says Fitch Ratings.
August 2 -
An affiliate managing the loan for the reinsurance giant's investment advisory arm will keep a horizontal equity strip of the deal for dual EU/US risk retention compliance.
August 1 -
Insurers are seeing modest gains in market share as banks, facing increased scrutiny from regulators, lightly tap the brakes.
August 1 -
The portfolio includes six loans for office, hotel and multfamily properties; the largest is an office park in Austin Texas' high-tech corridor.
July 31















