The pioneering online lender Kabbage has raised $135 million in new equity financing, with three large multinational banks among the lead investors, the company announced Wednesday.
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The Obama Administrations efforts to ease the debt burdens of college students have had unintended consequences for investors in federally guaranteed student loans.
December 9 -
Rated bonds backed by online marketplace loans might include subprime consumer loans for the first time next year. This is one of predictions that analysts at Moodys Investors Service made in a recent report on the sector.
December 8 -
When it comes to solar, the equity market’s loss might prove to be securitization’s gain.
December 8 -
Ex-banker Frank Rotman, now a venture capitalist who focuses on marketplace lending, has a unique vantage point on the competition for small-business loans between banks and Web-based upstarts, as well as on both sides' strengths and weaknesses
December 8 -
NorthStar's only marketed two previous CRE CLOs since 2012.
December 8
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At the federal level, the Investment Tax Credit (ITC) allows both residential and commercial developers to offset 30% of their costs. Various states also offer credits.
December 8 -
Onslow Bay is making its debut in the securitization market with $231 million of bonds backed by mortgage loans the real estate investment trust acquired from several lenders, according to Standard & Poor's.
December 7 -
CLO managers have received some Congressional backing for their efforts to curb the impact of forthcoming risk-retention standards.
December 7 -
Navient said Monday that investors in six student loan securitizations it services had voted to extend the maturity dates of the bonds.
December 7 -
Investors in the class C notes of Multi-Cat Mexico 2-12-1 are still in suspense, even after default.
December 7 -
Fannie Mae just took out a potential chunk of private label CMBS supply. The agency said today its helping fund Blackstones purchase of Stuy Town.
December 7 -
Thanks to persistently low interest rates and rising property values, sponsors had little trouble refinancing the wall of commercial mortgage debt maturing this year.
December 7







