Spruce Finance, a provider of consumer financing for residential solar and home efficiency improvements in the U.S., has hired Darren Thompson as chief financial officer.
-
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 -
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 -
Online lender Avant is returning to the securitization market for the first time since shedding staff and shelving expansion plans in the spring with a $200 million notes offering featuring loans with higher-quality credit features.
August 3 -
Ares Management lowered the coupon on a senior tranche of its Ares Enhanced Loan Investment Strategy IR, which had stepped up twice since it was printed in 2013. It also refinanced two other tranches.
August 3



