DFG Investment Advisors has raised a $100 million fund that it will use to satisfy impending regulations enacted as part of the Dodd-Frank Act requiring CLO managers to have skin in the game of their deals.
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Fannie Mae and Freddie Mac could need as much as $126 billion in bailout money from taxpayers in a severe economic downturn, according to stress test results released Monday by their regulator.
August 8 -
A new premier Manhattan office development project 10 Hudson Yards has parceled out part of its debut $708 million commercial loan into a commercial mortgage-backed facility of loans through Deutsche Bank and Citigroup. CD 2016-CD1 is a pool of 32 fixed-rate loans secured by 58 commercial properties.
August 8 -
Rules requiring CLO managers to keep skin in the game of their deals has taken a toll on smaller firms. But the resulting thinning of the ranks has created room for some new players that are better capitalized, including insurance companies.
August 7 -
Credit Suisse is marketing $180.8 million of bonds backed by a portfolio of 58 suburban office and industrial properties totaling 3.9 million square feet, according to Standard & Poors.
August 7 -
The Loan Syndications and Trading Association has finalized a rule designed to speed up settlement of leveraged loans.
August 7
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Ally Financial, the nation's largest auto lender is dismissing comparisons between the subprime mortgage bubble and the more recent boom in car loans.
August 5 -
Underwriting league tables for asset-backed securities for the year through August 5, 2016.
August 5 -
Two Harbors, which last week announced it was getting out of private label mortgage securitization business, is marketing one last deal. The deal, Agate Bay Mortgage Trust 2016-3, is backed by 518 loans with a total balance of approximately$380.7 million, according to Fitch Ratings.
August 4 -
The Consumer Financial Protection Bureau on Thursday issued a final rule for mortgage servicers that provides greater protections to struggling borrowers, surviving family members and borrowers in bankruptcy.
August 4 -
Deutsche Bank and Goldman Sachs are marketing $600 million of bonds backed by a single, newly constructed Manhattan office building, 10 Hudson Yards.
August 4 -
Hyundai is marketing its third auto lease securitization of the year, according to Fitch Ratings.
August 4


