The recent history of bankruptcy law suggests there's a way to provide relief to borrowers overwhelmed by student loans while minimizing concerns about moral hazard.
-
Social Finance has upped protections for investors in the senior tranches of its latest student loan securitization, earning a higher credit rating for the deal.
June 2 -
Athlon Car Lease Nederland plans to securitize 713 million ($793 million) worth of car leases made to Dutch based corporate and small business borrowers.
June 2 -
Citigroup is marketing $216 million of re-performing residential mortgage backed securities and Two Harbors returns to market with its fourth prime RMBS of the year.
June 1 -
The Supreme Court has ruled that bankruptcy courts cannot void a second lien because it exceeds the value of the collateral.
June 1 - Europe
Terex Corp., a manufacturer of heavy equipment, has closed on its first asset-backed commercial paper conduit.
June 1
-
Two recent transactions, one Irish and one Spanish, tested investor appetite for peripheral RMBS. The results suggests there arent likely to be many more.
June 1 -
-
-
Lease expirations are up in collateral pools backing single family rental securitization and that could lead to higher vacancies and potentially lower cashflows.
May 29 -
Louisiana Citizens Property Insurance Corp. issued $100 million of catastrophe bonds via a new shelf bond program, Pelican III Re.
May 29 -
JP Morgan and Barclays are marketing $984 million of commercial mortgage backed securities via JPMBB Commercial Mortgage Securities Trust 2015-C29.
May 29 -
Ally Bank upsized its recent securitization of receivables collected from lines of credit it makes to dealerships to $675 million. The deal priced on Thursday.
May 29