Bank of America has removed approximately $2.67 billion of receivables from its credit card trust over the past two months.
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Moodys Investors Services ranking of the top 10 managers of collateralized loan obligations at year-end 2015 was largely unchanged from mid-year, both in terms of deal count or AUM. But the biggest players collectively lost some market share to their mid-sized brethren.
February 24 -
More borrowers with spotty credit are failing to make monthly car payments on time, a troubling sign for investors who have snapped up billions of dollars of securities backed by risky auto debt.
February 24 -
The Fitch European Auto ABS delinquency indices for both early (30+ days) and late (60+) delinquencies fell to 0.69% and 0.34% respectively, the lowest point in the last 11 years for each.
February 24 -
Pillsbury Winthrop Shaw Pittman has hired aviation finance expert Jonathan Goldstein as a partner to lead its high-end transportation and structured financing practice in its New York office.
February 24
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The notes are backed by 1,085 mortgage assets with a balance of $302,891,615. Some are from a unrated deal completed in 2014 that Nationstar recently called. All are insured by the Federal Housing Administration.
February 23 -
Well, something has to. For proponents of modernization and greater efficiency in the syndicated loan, bond, swaps, and private placement markets, its well past time to put investors, banks, brokers and borrowers on the same technological page.
February 23 -
The terms "peer-to-peer" and "marketplace" lending are often used interchangeably to define all manner of loans made through the Internet. The reality, though, is that aside from lacking storefronts, the many firms now operating in this arena have little in common with one another. Here's a guide to help tell them apart.
February 23 -
Deutsche Bank has pieced together an $806.2 million commercial mortgage securitization highlighted by the $42 million mortgage for Netflix expanded headquarters space under construction in Las Gatos, Calif.
February 22 -
OnDeck Capital in New York reported a $5.1 million loss in the fourth quarter as revenue failed to keep pace with rising expenses.
February 22 -
Ford Motor Credit went the extra mile in complying with Regulation AB II, but it turns out that other auto lenders dont have to.
February 22 -
John Deere is marketing $775 million of bonds backed by equipment leases.
February 19





