The Consumer Financial Protection Bureau is taking a closer look at companies that service student loans to determine whether there are patterns of abuse and misinformation in the $1 trillion industry.
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Multi-issuer Spanish covered bonds are benefiting from an ongoing shift in the composition of assets in cover pools, according to Fitch Ratings.
July 10 -
Steven Noreika has been named chief financial officer at Fifth Street Finance Corp. (FSC) and Fifth Street Senior Floating Rate Corp. (FSFR), replacing Richard Petrocelli.
July 10 -
Moodys is taking its surveillance of federally guaranteed student-loan backed securities up a notch.
July 10 -
Issuance volume of asset-backed securities for the year through July 10, 2015.
July 10 -
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Commercial mortgage-backed securities returned next to nothing in the first half of the year after handing investors a whopping 11.4% in 2014 that beat everything from junk bonds to Treasuries.
July 10 - Europe
CLO managers are receiving a small concession from regulators that will allow them to refinance most of their issues in two years without triggering risk-retention rules.
July 10
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Freddie Mac has obtained two more reinsurance policies transferring risk of default on mortgages that it insures.
July 9 -
J.P. Morgan and Barclays latest CMBS conduit is office property heavy.
July 9
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Oportun, a nonbank lender that targets Latino consumers, has completed its fourth securitization and the first one with a credit rating, from Kroll.
July 9 -
Navistar Financial Corp., a wholly owned subsidiary of Navistar, Inc., is planning a $250 million dealer floorplan securitization.
July 9
