Puerto Rico Gov. Alejandro García Padilla introduced legislation to reform the Puerto Rico Electric Power Authority, a step PREPA's creditors are requiring for them to accept reduced debt payments.
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Cantor Commercial Real Estate Lending is the first out the gate with a commercial mortgage securitization this year.
January 4 -
Most foreign investors expect to put more money into U.S. property this year than they did in 2015, with New York remaining the top target market worldwide, according to a survey by the Association of Foreign Investors in Real Estate.
January 4 -
Global law firm Morgan Lewis has a sixth partner to its London structured transactions team, which was launched just last summer.
January 4 -
Raising capital has been tough for community banks ever since the financial crisis, especially the smallest ones. But a few investment firms have developed structured products that offer community banks a chance to band together to raise needed Tier 1 capital at relatively low cost.
January 4
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Underwriting league tables for asset backed securities for the year through Dec. 23, 2015.
January 3
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Issuance volume of asset-backed securities for the year through Dec. 30, 2015.
January 3 -
Hawaii successfully raised $150 million via the bond market for its Green Energy Securitization (GEMS) program in November 2014 but the programs latest quarterly report shows that the money has yet to reach its targeted audience: poor homeowners and renters.
December 31 -
Bank of America has removed approximately $2.67 billion of receivables from its credit card trust over the past two months.
December 31
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Once billed as a safer alternative to traditional finance, the new crop of tech-powered lenders is starting to resemble previous generations of finance companies whose fortunes rose and fell with each economic cycle.
December 30
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DBRS assigned AAA ratings to 137.5 million ($150.3 million) of notes issued from RCI Banques Cars Alliance Auto Loans France Master.
December 29 -
The Securities and Exchange Commission issued its annual review on the credit rating agencies and cited several notable improvements to their operations.
December 29 -
Everyday investors provide marketplace lenders a cushion in case institutional buyers find greener pastures. But regulatory hurdles and an addiction to fast growth are making it difficult for the platforms to lure those coveted savers.
December 29
