Citigroup's plan to sell a $97 billion mortgage servicing portfolio and subservice its remaining accounts highlights the growing prevalence of nondepository servicers and raises questions about how much capacity exists for these institutions to absorb more large deals.
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The worsening trend for subprime lenders amid an otherwise healthy consumer economy is a puzzling development that even auto loan securitization experts were somewhat at a loss to explain at SFIG Vegas.
February 28 -
Expect to see more bonds backed by Property Assessed Clean Energy Loans that earn top marks from credit rating agencies.
February 28 -
Theres a rising risk of denial of service attacks due to the widespread use of smart devices like thermostats, TVs and fridges, according to former Department of Homeland Security Director Michael Chertoff.
February 28 -
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.
February 28 -
Rules requiring issuers of asset-backeds to keep "skin in the game" of deals haven't been as burdensome as many featured.
February 28
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The slow pace of new issuance is likely to compel CLO investors to accept even smaller risk premiums, according to participants polled at an industry conference Monday.
February 27 -
Securitization pros are guardedly optimistic about the Trump Administrations impact on the industry, even if no one expects to see a rollback of regulations imposed by the Dodd-Frank Act in the immediate future.
February 27 -
The Structured Finance Industry Group is teaming up with the trade association for the blockchain industry to explore ways that distributed ledger technology can be used to speed up transaction processing and improve transparency.
February 27 -
World Omni Financial Corp. is leasing cars to consumers with lower credit scores, and the risk is being compounded by the fact that so many leases mature at the same time.
February 27 -
Panelists at SFiG Vegas questioned just how different marketplace lenders are from more traditional lenders.
February 27 -
The fintech firms Nymbus and Monzo separately announced that investors are pouring in additional money to fuel their growth.
February 26 -
PineBridge Investments has priced its first collateralized loan obligation of the year.
February 26


