The number of borrowers behind on private student loan payments rose slightly in the fourth quarter of 2015, but the overall trend is for continued improvement, according to Fitch Ratings.
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Deloitte & Touche recently named two co-leads for the CLO services unit of its securitization practice, Hillel Caplan and Lynda Lazzari.
May 11 -
Prices of loans held by CLOs recovered again in April, giving managers some more breathing room. But funding costs, rising interest rates and credit deterioration remain a challenge.
May 11 -
Darien Rowayton Bank with a fledging student loan refinancing program for graduates of prestigious medical, business and law schools is issuing a $176 million securitization of three-classes of fixed- and floating-rate loans.
May 11 -
Despite the deterioration in their CLO holdings, BDCs appear to be maintaining their dividends and appear to be in no particular hurry to unload holdings.
May 10
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Even before the Treasury Department released its policy recommendations for the marketplace lending sector, an industry-backed campaign opposing new rules for small-business credit was underway
May 10 -
Colony American Finance is going to issue $254 million in new notes backed by the mortgage loans of landlords of the fledgling multi-tenant and single-family residential securitization market. .
May 10 -
Insurance firm Assurant Inc. is bringing a diverse mix of low-leverage commercial mortgages to its first-ever $259.7 million securitization.
May 10 -
Legislation that would authorize the use of private flood insurance on Fannie Mae and Freddie Mac mortgages was overwhelmingly approved by the House late last month, but concerns about its potential impact are beginning to crop up.
May 9 -
Capital One Bank is bringing its first 2016 issue of securitized credit-card receivables in two series of notes totaling $750 million through its Capital One Multi-Asset Execution Trust (or COMET), according to a regulatory filing.
May 9 -
LendingClub Corp. founder and Chief Executive Officer Renaud Laplanche resigned after an internal review of loan sales to a single investor, and president Scott Sanborn was named acting CEO.
May 9 -
Greystone, a commercial real estate lending, investment and advisory company, is adding two executives to a mortgage bond lending team.
May 9




