JCPenney released a list of 138 stores that the retailer plans to shutter in an effort to reduce costs and drive sales growth based on its better-performing locations.
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Student loans are showing signs of growing too fast, perhaps the only market flashing a warning even as the economic recovery grows older, Citigroup Chief Financial Officer John Gerspach said
April 21 -
Dell and Ascentium launched a pair of equipment lease securitizations; NextGear readies notes backed by auto dealer inventory financing; Consumer Portfolio Services closes on auto ABS.
April 20 -
Ocwen Financial and its subsidiaries faced a slew of accusations from federal and state regulators on Thursday, which raised questions about whether the firm could survive.
April 20 -
Managers of European collateralized loan obligations are under-reporting their exposure to loans that lack certain investor protections, according to Moodys Investors Service.
April 20 -
The House Financial Services Committee will hold a hearing on a GOP Dodd-Frank overhaul plan next Wednesday as Chairman Rep. Jeb Hensarling, R-Texas, hopes to have a panel vote on the bill by the end of the month.
April 19
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Bayview Asset Management is bundling bonds that Fannie Mae and Freddie Mac use to transfer the credit risk of mortgages into collateral for new bonds.
April 19 -
Two PACE program administrators, Ygrene Energy and Renew Financial, picked the same day to launch their first securitizations of the year.
April 19 -
Navient is hopeful that its purchase of $6.9 billion of student loans from JPMorgan Chase could encourage other banks to consider selling their portfolios.
April 19 -
Massachusetts Mutual Life Insurance is marketing an unusually large offering of bonds backed by equipment loans and leases.
April 18 -
Supreme Court Justices appeared exasperated with both sides in a case that would define whether companies that buy distressed debt are covered under a federal statute setting limits on their activities.
April 18 -
The Toronto-based lender is planning to sell debt backed by nearly C$2 billion ($1.5 billion) of prime uninsured mortgages. That's a new development in a country where big banks have historically packaged government-insured mortgages into bonds.
April 18 -
The first new commercial mortgage securitization to hit the market in two weeks is backed by a portfolio of cold storage facilities.
April 18



