The Internal Revenue Service has issued guidance clarifying that state student loan programs can use tax-exempt bonds to fund parent loans as well as for a broad range of refinancings that help borrowers take advantage of lower rates
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Underwriting league tables for asset-backed securities for the year through January 15, 2016.
January 15 -
An international regulatory body said this week that they are looking at setting new, enhanced leverage ratio requirements for the largest global banks, a move that echoes the higher standards in the U.S.' supplemental leverage ratio and demonstrates why going beyond international accords can influence the rest of the world.
January 15 -
United Auto Credit and Consumer Portfolio Services are planning to issue a combined total of $501 million in bond backed by subprime auto loans.
January 14 -
Ford Motor Credit Companys latest securitization pools the highest amount of longer term loans than any of the previous deals issued by the sponsor, according to Fitch Ratings.
January 14 -
Deutsche Bank AG officials are reviewing whether some employees exaggerated demand as they marketed new securities backed by risky auto loans, potentially suppressing yields for investors, according to a person with knowledge of the matter.
January 14
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Spreads widened on all but the riskiest tranche for Freddie Macs latest offering of Structured Agency Credit Risk securities as investors demanded additional compensation for taking on the credit risk of mortgages insured by the company.
January 14 -
Babson Capital is the first CLO manager to brave market volatility at the start of the year with a new deal.
January 13 -
Volvo is coming out with a deal backed by loans on trucking and construction equipment.
January 13 -
Home Partners of America is securitizing a portfolio of single family rental homes with a unique feature: the tenants lease-to-own.
January 12 -
Annaly Capital Management announced Friday that it promoted David Finkelstein to the position of Chief Investment Officer if Agency and RMBS.
January 12 -
The Federal Housing Finance Agency issued a long-awaited final rule governing Federal Home Loan Bank membership requirements on Tuesday.
January 12


