Lost in the battle between banks and retailers which is being fought with renewed vigor in the early days of the Trump administration is any consideration of how caps on interchange fees have affected consumer spending patterns.
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Steve Eisman, the Neuberger Berman Group fund manager who featured in Michael Lewis's book "The Big Short," said he's concerned about the U.S. subprime-auto market, even though credit quality across the banking system has improved significantly.
March 31 -
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The Trump administration has an opportunity to break an eight-year-old logjam on mortgage finance policy and begin setting a future course for the government-sponsored enterprises, Fannie Mae and Freddie Mac.
March 30 -
Pine Brook, a private equity firm that specializes in financial services and energy sectors, has agreed to acquire Triumph Capital from Dallas-based Triumph Bancorp.
March 30 -
A bipartisan group of senators told Mel Watt, the regulator who oversees Fannie Mae and Freddie Mac, that he shouldn't allow the companies to recapitalize without congressional approval.
March 30
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SBA Communications, one of the largest wireless cell tower operators in the Western hemisphere, is planning a $760 million offering of asset-backed securities.
March 30 -
CLOs have significantly reduced their exposure to Ocean Rig, the offshore drilling contractor that announced a restructuring agreement Tuesday, according to Wells Fargo Securities.
March 30 -
What investors need to know about the new non prime residential mortgage backed securities.
March 30 -
GM Financial Services is marketing its first auto loan securitization of the year, according to Standard & Poors.
March 29 -
Wells Fargo Commercial Mortgage Securities is marketing nearly $1 billion in commercial mortgage bonds with a higher-than-average exposure to single-tenant loans and exposure to external pari passu borrowings.
March 29 -
Hilton Grand Vacations plans a debut $145 million timeshare loan securitization of loans targeting primarily Japanese tourists for a newly opened resort in Honolulu.
March 29 -
Westgate Resorts is readying $175 million of notes backed by timeshare loans, according to DBRS.
March 28



