The long-time slump in oil prices is negatively affecting a narrow band of CLOs and asset-backed securities invested in energy industry assets. But the lower fuel costs are bringing improved consumer payment performance on mortgages and car loans, according to Moodys.
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The Federal Housing Finance Agency is set to make the sales of nonperforming loans by Fannie Mae and Freddie Mac more transparent, including providing information on trends at the individual pool level, according to a top agency officia
May 31
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The pricing of student loans, and higher-ed degrees themselves, should have more to do with the proven earning power of a universitys graduates in the eyes of some innovators. Big data could play a huge role.
May 31
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The bonds are being issued through Harley-Davidson Motorcycle Trust 2016-A in a five-tranche notes structure, according to the filing with the Securities and Exchange Commission on Tuesday. The notes are backed by a pool of loans with a principal balance of $450 million.
May 31
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Issuance volume of asset-backed securities for the year through May 27, 2016.
May 30 -
Underwriting league tables for asset-backed securities for the year through May 27, 2016.
May 30
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Middle market CLOs have never recovered the role that they played in lending to small and medium-sized companies before the financial crisis; that could change now business development companies and other alternative lenders are under pressure.
May 29
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LendingClub, the online loan platform looking to restore investor confidence, is in talks with Citigroup to arrange more funding for the debts it arranges, according to a person with knowledge of the matter.
May 27 -
Specialized lender Oxford Finance is securitizing a $324 million notes package backed by first-lien senior loans it has originated for life sciences research firms and healthcare services companies.
May 27 -
GREEN STORM 2016 B.V., a 271.3M RMBS in The Netherlands, is the first-ever securitization of homes pooled together specifically for their energy-efficiency rating, according to Moody's.
May 27 -
U.S. banks are taking bigger risks in auto lending as they compete for market share in a sector that remains red-hot.
May 26
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Government scrutiny of the for-profit education industry could intensify default risks on up to $1.88 billion of commercial mortgage bonds backed by properties occupied by Corinthian Colleges, the University of Phoenix, and DeVry,
May 26
