Seven New York counties are issuing another $292 million of bond backed by tobacco settlement payments
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Sprint Corp. is borrowing against its most valuable asset the airwaves to buy more time for a turnaround.
October 12 -
Subprime borrowers are falling behind on their car loan payments at the highest rate in more than six years, and some bonds backed by these loans are vulnerable to getting downgraded, according to S&P Global Ratings
October 12 -
What the CFPB Constitutionality Ruling Means for banks and other lenders.
October 12 -
Navient Corp. is planning its second student-loan securitization in excess of $1 billion this year. The transaction also marks a return to a pool of primarily performing loans through the Federal Family Education Loan Program (FFELP), after two prior transactions consisting entirely of rehab loans that have rebounded from default status.
October 12 -
Fannie Mae has released the details of its pilot sale of reperforming loans.
October 11
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Tricon American Homes is prepping its second securitization of single family rental homes, according to rating agency reports.
October 11 -
The single-director structure of the Consumer Financial Protection Bureau represents an unconstitutional concentration of executive power, a federal appeals court said Tuesday. But the court stopped short of disbanding the agency, instead giving the president more power to remove its leader.
October 11 -
Three separate offerings of private loans consolidating the debt of medical students and other recent graduates hit the market last week
October 10 -
Increased loss expectations have weakened credit metrics in Westlake Services new $500M securitization of subprime vehicle loan receivables. The heightened risk is offset, though, by a continued expansion of its franchise network that is putting borrowers into more reliable, and more expensive, vehicles.
October 10 -
The latest asset-backed transaction, Opportun Funding IV, LLC, Series 2016-C is a $125 million offering of two classes of notes, backed by $147 million in personal consumer loans in Hispanic communities in the U.S.
October 10 -
The five-year loan to South Korean ownership group MAPS Waikiki Hotel LLC was originated by JPMorgan, and comes three years after the renovated propertys leasehold was purchased from the Blackstone Group, which had performed $110.5 million in property renovations.
October 10 -
Edward DeMarco, a former director of the Federal Housing Finance Agency, argues in a new paper that utilizing Ginnie would make for a smoother transition to a new system.
October 10




