-
COVID-19 largesse enabled subprime borrowers to pay down debt and boost credit scores. Then interest rates rocketed up in 2022, and new subprime auto borrowers felt the pinch.
December 26 -
Plain vanilla deals likely exempt, if equity is not sold to third parties
December 4 -
The decision narrows scope of impacted transactions and participants, to the market's relief.
November 30 -
The bonds are supported by overcollateralization, and new collateral was added to further diversify the pool of assets.
November 14 -
The market appears strongly divided, as commercial real estate presents investors with stark choices and big risk-management decisions, often differing by region and by sub-sector.
October 30 -
Esoteric transactions' premiums and longer durations are especially attractive, as other consumer assets are put to the test.
October 25 -
The SEC could crimp effective investor communications, while IOSCO seeks feedback on 12 proposed "good practices" when operating in the leveraged loan and CLO markets.
September 15 -
Regional banks may soon favor CLOs again while proposed rules could draw banks to the market long-term.
September 8 -
Twenty-five years after its first CLO, Barings' securitizes its 100th transaction, this time securitizing middle-market private credit.
September 5 -
Looking to insurers for growth, the asset managers seek NAIC look-through to lower risk-based capital.
August 14
